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Chicago lean hog futures gained on March 25 ahead of the USDA Hogs and Pigs report due Thursday, with June hogs settling at 96.25 cents. Reuters analyst expectations put the U.S. hog herd 1.2% larger than a year earlier.
Live cattle and feeder cattle were mixed, with feeders falling after a record high the prior week.
Expectations of a larger hog herd point to more pork supply ahead, which could cap hog price gains. Cattle softness after record highs reflects profit-taking rather than a change in tight supply fundamentals.
feedlotmagazine.comTroy WalzMar 26, 2025Not 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.
