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The Hightower Report said, “It’s been a tough second half of the week for hog market bulls but prices recovered moderately from the sharp weakness over the last 2 days, although October remained inside yesterday’s range. Trading volume was strong yesterday and open interest sank more than 7,200 contracts to another new low for 2026. Hog area under drought jumped 11% this week but upcoming rains through the middle of next week will reduce drought area significantly.”
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“October hogs opened slightly lower but quickly fell below last week’s lows and finished under pressure on spillover weakness from the cattle …
“The phased nature of the (Mexican border) reopening means it will likely take some time before significant numbers will cross the border, and…
“Sharply weaker trade in live cattle and limit down action in feeders was the feature yesterday, especially in the deferred months, after the …
Austin Schroeder at Barchart.com said, “Live cattle futures saw gains of 27 cents to $1.67 across most contracts on Friday, with August holdin…
“Commodity pressure continues today with crude oil still sinking, and that may result in additional (hog market) weakness this morning, but th…
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