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USDA's negotiated barrow and gilt prices were reported on May 26, 2022, but the article body is garbled and the actual price levels cannot be read. No clear market movement or cause is described.
Without readable figures the report offers no reliable signal on hog price direction or feed demand.
agupdate.comMay 26, 2022After 61 past neutral report events, Lean Hogs moved a median -0.4% over 5 sessions (48% higher; middle half -1.3% to +1.8%), and +2.1% over 20.
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.
