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Lean hog futures ended mostly higher on September 24, with pork firmer during the session. Live cattle were mixed and feeder cattle were higher.
Trade was waiting for the quarterly USDA Hogs & Pigs report.
Firmer hog futures ahead of the USDA report point to near-term price support, while the report outcome will set the next direction.
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.