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News Stories
Following Pork Bellies news is the key to trading fundamentally. Below
you can find links to articles in the news that discuss market fundamentals that could potentially affect the price of Pork
Bellies on the CME commodities exchange. Before you invest in the pork bellies
futures market you should do your own research.
1. Financialtimes.com "No future for Chicago pork belly contracts" July 15, 2011 The
frozen pork-bellies futures contract, a staple of Chicago’s commodity
markets for a half century, was unceremoniously killed after traders abandoned it.
2. Bloomberg.com "U.S.
Pork Supplies Surge as High Prices Curb Consumer Demand" June 22, 2011 Pork stockpiles in
the U.S. surged 22 percent at the end of May from a year earlier, the government said, as high meat prices curbed demand from
consumers.
3. Reuters.com “LIVESTOCK-Hogs at 6-week low as pork prices tumble”
April 28, 2011 Pork bellies,
which are made into bacon, shot to near record highs in March, but those gains apparently hurt sales and now prices have come
down. USDA reported another $5 drop Thursday morning, putting them at $137 per 100 lbs.
4.
NPR.com "Pork-Belly Market May Go Belly-Up" December 28, 2010.
Pork-belly
contracts have been traded on the Chicago Mercantile Exchange since 1961. But The Wall Street Journal reports the pork-belly
market is in danger of becoming extinct. Last month, the exchange traded just six pork-belly contracts.
5.
ThePigSite.com, "CME: Total Pork Stocks Higher Than a Year Ago" January
23, 2009. "Total pork stocks at the end of the year were 549.0 million pounds,
19.7 per cent higher than a year ago and 20.2 per cent higher than the five year average."
Click here to contact a commodities broker with experience in the pork bellies market to discuss market
opportunities and trade recommendations.
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