
CME lean hog futures turned lower on technical profit-taking and lagging consumer pork demand, while cattle futures bounced after an earlier selloff. The USDA lifted the ban on Mexican cattle imports, but traders expect the flow to take time to return to normal levels.
Softer pork demand and seasonal pressure weigh on hog prices, while cattle supplies stay tight despite the reopening to Mexican imports.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.