Loading…
Lean hogs rose 2.29% to 59.94 cents per pound in Thursday's session after a steep slide. Pork demand remains soft.
Soft pork demand and a steep price slide weigh on hog producers' feed purchasing, though the bounce is a routine intraday move.
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.