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Livestock analyst Dennis Smith of Archer Financial Services says U.S. pork demand has never been better. He expects spring and summer hog prices could beat expectations if that demand continues.
Strong pork demand supports hog prices into the spring and summer, which supports demand for hog feed and feed ingredients.
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.