
Hog prices are mixed by region, with the south weak and the north firm. Supply remains heavy as large producers' slaughter plans run about 6% above plan, while winter cold is lifting pork demand and slaughterhouse utilisation is recovering to about 33%.
Heavy hog supply keeps feed demand subdued, but the seasonal demand upturn could support a modest recovery in hog prices and later feed purchases. The effect on grain and meal prices is limited.
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.