Loading…
Chicago lean hog futures fell on March 24 while cattle futures edged lower. Most active June lean hogs closed at 95.800 cents per pound, and the most active June live cattle contract closed at 202.150 cents.
Pork cutout value rose $1.00 to $96.86 per cwt.
Routine price moves with no new cause, but hog and cattle contracts sliding together reflects softer near-term sentiment in livestock markets. Strong pork cutout values offer some support for hog prices.
grainews.caGeralyn WichersApr 1, 2025Not 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.
