Loading…
October lean hog futures fell 45 cents to $82.025 on September 26. Pork cutout had stalled near $95 after starting September near $100.
Traders were also squaring positions ahead of the quarterly USDA Hogs & Pigs report.
Weak wholesale pork values are not encouraging packers to pay up for hogs, which pressures cash and futures prices.
profarmer.comPro Farmer EditorsSep 26, 2024Not 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.
