Loading…

CME lean hog futures posted moderate gains in late-week trading on September 25, supported by firm cash bids and steady wholesale cutout clearance. The article cites a USDA pork carcass cutout of $94.80/cwt and a steady packer schedule.
A modest rebound in hog futures on firm cash bids gives limited support to hog feeding returns. The gain is small against the broader downtrend in cash and cutout prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.