Hog futures rise as traders cover short positions
CHICAGO — CME Group hog futures firmed on Friday as traders covered short positions after prices fell 5.6% over the last two sessions, though demand concerns capped gains. A U.S. Department of Agriculture (USDA) report showed that pork export sales in the week ended June 16 totalled 27,600 tonnes, unchanged from a week earlier. Beef […]
Hog futures rise as traders cover short positions
CHICAGO — CME Group hog futures firmed on Friday as traders covered short positions after prices fell 5.6% over the last two sessions, though demand concerns capped gains. A U.S. Department of Agriculture (USDA) report showed that pork export sales in the week ended June 16 totalled 27,600 tonnes, unchanged from a week earlier. Beef […]