Lean hogs were initially gaining for Wednesday, though prices faded back into midday. Futures are still 27 to 57 cents in the black. USDA’s National Average Base Hog price was $1 weaker to $80.02 this ...
August lean hog futures (HEQ25) saw a profit-taking setback late last week after hitting a contract high of $113.375 a hundredweight on June 17. The hog market bulls have faded, technically, as a ...
Lean hogs were in free fall mode on Tuesday, with contracts down 95 cents to $2.35. They are also seeing weakness today, with prices down $.40 to $2.05 (August). USDA’s National Average Base Hog ...
I recently wrote about the tendency for cattle weights, as indicated by steer carcass size, to serve as a sign of the market-ready supply situation and possibly the forthcoming price outlook. This ...