Loading…
Hog futures were propped up by rumors of Chinese demand, while cattle futures closed firm ahead of cash trade. Boxed beef values fell sharply on Choice cuts amid moderate demand.
Rumored Chinese pork buying supports hog futures, but weaker boxed beef values signal softer near-term beef demand.
brownfieldagnews.comMeghan GrebnerDec 12, 2018Not 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.
