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A Compeer Financial specialist expects pork marketing challenges through the rest of 2018 as supplies grow and productivity keeps pace with demand. He suggests hedging fourth-quarter pigs, since summer prices usually rally as supply drops.
Expanding pork supply and limited late-2018 margins suggest hog prices may stay under pressure, with a summer rally as the main upside.
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.