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Blue Line Futures described lean hog futures as a tough market for longer-term positions, with the market shifting between weeks of buying and selling. The firm said the long side offers opportunity but risk must be managed.
Choppy trading and mixed positioning make hog prices harder to predict for buyers planning forward purchases. The commentary signals no clear directional trend.
agupdate.comNov 19, 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.
