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Analyst John Harrington of DTN says October lean hogs remain below the lows of their five-year range, which opens the door to a bullish surprise. He adds that seasonal prospects improve for the October contract after Labor Day.
A possible post-Labor Day seasonal rebound in hog prices could support hog producers' feed buying later in the fall.
agupdate.comAug 29, 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.
