Loading…
A market commentary on May 23 said short-term cash hog fundamentals remain positive. It noted a bearish tilt in the cold storage report and weak China import news that may help the market put in a short-term peak.
Weak Chinese import demand and a bearish cold storage report could cap hog futures in the near term. Feed buyers should expect possible softness in hog prices.
agupdate.comMay 23, 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.
