Christian Mayer News
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Hog futures rose to a 10-month high on speculation that demand for U.S. pork will increase with beef costs close to a nine-year high. Cattle prices also gained.
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Hog futures rose, heading for the biggest weekly advance since November, on speculation that demand for U.S. pork will increase as warmer weather encourages consumers to grill outdoors. Cattle prices declined.
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Cattle futures rose to a one-week high on signs of shrinking U.S. supplies of animals. Hog prices posted the biggest gain in almost six weeks.
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Hog futures extended a rally to the highest price since July on speculation that consumers will boost purchases of cheaper U.S. pork as an alternative to more- expensive meats. Cattle were little changed.
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Hog futures fell, heading for the second straight weekly loss, on signs that cool weather across the U.S. is lowering demand for pork. Cattle advanced.
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Cattle futures extended a decline on speculation that persistent cold weather in the U.S. will keep consumers from grilling outdoors, signaling lower meat demand. Hog prices also fell.
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Cattle prices fell in Chicago, heading for the second straight weekly decline, on signs of slack demand for beef. Hog prices also dropped.
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Pork-belly futures extended a rally to a record on signs that U.S. supplies are trailing consumer demand for bacon. Hog and cattle futures dropped.
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Cattle futures rose for the first time in three days on signs that beef demand is increasing as importers boost purchases and U.S. grocers stock up for summer grilling. Hogs dropped.
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Cattle futures rose, heading for the biggest gain in a week, on speculation that demand for U.S. beef is increasing. Hog prices also climbed.
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