(Bloomberg) -- Hog futures rose for the first time
in four sessions in Chicago as meatpackers increased purchases
after prices fell to the lowest in more than three months.
Cattle were little changed.
Futures fell 6.3 percent in the last two weeks of June on
concerns about growing animal supplies. The government last
week said the nation's hog producers expanded breeding herds
0.9 percent in the three months ended May 31 from the year-
earlier quarter -- more than some analysts expected -- as corn
costs held steady and profit improved.
Read more at Bloomberg Commodities News
in four sessions in Chicago as meatpackers increased purchases
after prices fell to the lowest in more than three months.
Cattle were little changed.
Futures fell 6.3 percent in the last two weeks of June on
concerns about growing animal supplies. The government last
week said the nation's hog producers expanded breeding herds
0.9 percent in the three months ended May 31 from the year-
earlier quarter -- more than some analysts expected -- as corn
costs held steady and profit improved.
Read more at Bloomberg Commodities News
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