By Tom Polansek CHICAGO, Nov 5 - Chicago Mercantile Exchange lean hog futures fell to their lowest level in more than a week on Tuesday as profit-taking extended the market's setback from contract highs last week, analysts said. CME December lean hog futures dropped 2.1 cents to finish at 81.125 cents per pound. In beef markets, CME December live cattle …
DES MOINES, Iowa — After enduring extended trade disputes and worker shortages, U.S. hog farmers were poised to finally hit it big this year with expectations of climbing prices amid soaring domestic and foreign demand. “One producer described it to me the other day as a snowball rolling downhill, and every additional disruption that we have just kind of adds …
Chris Petersen looks at a Berkshire hog in a pen on his farm near Clear Lake, Iowa. “One producer described it to me the other day as a snowball rolling downhill, and every additional disruption that we have just kind of adds to that and how fast and how big it’s going to be when it finally hits,” said Mike …