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December lean hog futures have risen over $9 per hundredweight from August and September lows to above $65. Cash hog prices have recovered relative to pork cutout values as two new Iowa and Michigan processing plants began operating.
The article discusses forward hedging opportunities for producers.
Improving hog prices and packer margins encourage producers to expand hog numbers, which supports medium-term demand for feed grains and meals.
nationalhogfarmer.comChip WhalenOct 30, 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.
