Loading…
April lean hog futures hit an eight-month high and the uptrend has persisted for seven weeks. The CME lean hog index rose $1.17 to $77.97 as of Feb.
20, with the cash index outpacing futures.
Tighter hog supply and firm cutout values support higher hog prices, which benefits pork producers and raises feed demand for hog rations.
thepigsite.comSarah MikesellFeb 25, 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.
