Firm, Mostly Weaker Wednesday for Lean Hogs
The front month hog futures market was 2 to 30 cents weaker yesterday, save for a 2 cent gain for May. The April contract is now a $6.90 premium to Feb, while…
Source: biztoc.com
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Lean Hogs Drop Triple Digits
Hogs fell by $1.65 to $2.65 across the front months on Tuesday to start the new year, which left the Feb contract on a 3.9% loss for the day. USDA’s National…
Source: biztoc.com
Hogs Hungover for Start of New Year
Hogs fell by $1.65 to $2.65 across the front month futures on Tuesday to start the new year in a hole. That left the Feb contract with a 3.9% loss for the…
Source: biztoc.com
Hogs Holding 20c in Red
Midday hog futures are sitting 20 to 40 cents in the red, but are off the session lows by 50-60 cents. USDA’s National Average Base Hog price was $44.20 on…
Source: biztoc.com
Hog Sell Pressure Carries into 2024 So Far
The first trading day of the new year has front month lean hog futures triple digits weaker through midday. Feb is down the most with a 3.3% loss of $2.20.…
Source: biztoc.com