CME lean hogs tick down on supply numbers, year-end positioning
CHICAGO, Dec 29 (Reuters) – Chicago Mercantile Exchange live cattle and lean hog futures fell while feeder cattle futures rose on year-end positioning, according to analysts, with the trade thin between Christmas and New Year holidays. Many funds still have net long positions, said Doug Houghton, analyst at Brock Associates, “If they’re taking profits, that’s…