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The Hightower Report said, “December hogs finished slightly higher yesterday while February was slightly lower. The Goldman roll yesterday resulted in a nearly 13,000 contract decline in December, while February open interest was up more than 15,000. Another $2.32 drop in the national cash prices yesterday and most primal cuts were lower as well. The cutout and the index were slightly lower, continuing the poor cash trends.”
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In weighted average negotiated prices for barrows and gilts, the USDA reported:
The Hightower Report said, “December hogs continued to sink like a stone again today, hitting another new low contract low following yesterday…
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