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DTN analyst John Harrington says hog futures will likely stay choppy until a clearer picture of demand develops. He notes that avian influenza is spreading worldwide, which could increase pork consumption.
Avian influenza outbreaks in poultry could shift consumer demand toward pork, which would support hog prices, but the outlook remains uncertain until demand clarifies.
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.