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Lean hog futures closed lower on June 24 amid demand uncertainty ahead of the quarterly Hogs and Pigs report. Cattle futures were mixed, with boxed beef higher on good demand and feeder cattle trade quiet.
Concerns about domestic pork demand weigh on hog futures, while firm boxed beef supports cattle values heading into summer grilling season.
brownfieldagnews.comMeghan GrebnerJun 24, 2024Not 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.
