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Lean hog futures rebounded from their September low, and the market analyst sees a possible near-term bottom. US pork packer margins rose and pork exports improved, with Mexico leading demand.
Improving pork exports and wider packer margins support hog prices, which can sustain demand for feed ingredients as hog herd shrinkage continues.
thepigsite.comMegan HowellSep 24, 2021Not enough comparable past events yet for a historical read.
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.
