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April lean hogs closed $2.67 higher at $112.07 and May lean hogs closed $2.30 higher at $115.65 on commercial buying and higher pork values. Live cattle closed mixed, and Choice boxed beef fell $2.45 while Select rose $1.80.
Hog futures gains on commercial buying and firmer pork values indicate continued strength in hog prices, supporting demand expectations for feed.
brownfieldagnews.comMeghan GrebnerFeb 22, 2022Not 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.
