03-02-2025 10:47 via farms.com

Lean hog futures end slightly higher - CME

Chicago Mercantile Exchange (CME) feeder cattle and live cattle futures finished lower on Thursday as traders booked profits following a lengthy rally and ahead of the end of the month, Reuters reported, citing analysts.Lean hog futures ended slightly higher as traders unwound spread trades in which they held long positions in cattle and short positions in hogs, and as market players eyed a tighter supply of hogs.The most-active CME April live cattle contract ended down 3.45 cents to 201.5 cents
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