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Lean hog contracts all fell week over week in the period ending early September, with October down $2.58 to $61.21 per cwt. Live cattle and feeder cattle prices were mixed, with some feeder contracts rising.
Sustained declines in hog futures reflect heavy supply and cut hog margins for feeders, which can reduce demand for feed grains. The price trend is routine market commentary with no new cause.
thepigsite.comGlobal Ag MediaSep 5, 2017Not enough comparable past events yet for a historical read.
Not 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.
