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CME lean hog futures finished higher on July 17, 2017, helped by discounts to cash prices and technical buying, with August up 0.875 cent to 80.775 cents. Live cattle ended mostly firmer and feeder cattle closed higher.
Lean hog futures trading below cash prices attracted buying, though bears expect cash prices to peak seasonally as supplies rise. Firmer cattle markets support livestock feed demand modestly.
agcanada.comAGCanadaJul 17, 2017Not 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.
