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Lean hog prices have been volatile, rebounding in recent weeks after declines through September. The author discusses fourth-quarter drivers including pork supply, live hog demand, and packer margins, and advises producers to weigh hedging decisions.
Expectations of heavy fourth-quarter slaughter argue for lower prices, but the recent rally and firm 2018 futures suggest the market has already priced in part of that supply.
nationalhogfarmer.comKent Bang Compeer FinancialNov 15, 2017Not 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.
