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Walsh Trading strategist Stephen Davis says lean hog futures are trending higher ahead of year-end government reports. He notes February 2026 hogs are above the 200-day moving average and sees targets of 90 to 92.
He also outlines an options trade using February 82, 86 puts and calls.
Firmer futures and a reference to stronger expected 2026 pork exports point to supportive hog prices for feed buyers. The view is a routine technical opinion rather than a new supply shock.
barchart.comWalsh TradingDec 31, 2025Not 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.
