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Hog producers continue to lose money at the close of 2018, with Iowa State data showing only four profitable months in the year. The market projects positive margins for the second and third quarters of 2019.
Projected stronger margins in mid-2019 suggest forward hog futures are supportive, though near-term losses may restrain herd expansion and feed demand.
nationalhogfarmer.comChip WhalenDec 31, 2018Not 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.
