Wednesday, June 6, 2007

Hog Futures Fall in Chicago as Demand Slows for Pork; Cattle Futures Drop

(Bloomberg) -- Hog futures in Chicago declined for
the first time in seven sessions on signs that U.S. pork demand
may be slowing. Cattle futures fell to a four-month low.

The wholesale price for a pork carcass, or a cutout, fell
1.8 percent yesterday to 72.96 cents a pound, the biggest one-day
decline in more than two months.


Read more at Bloomberg Commodities News

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