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The Hightower Report said, "December hogs extended the rally for an 8th consecutive day with another new contract high close. Open interest rose more than 7600 contracts as new technical buying continues to push prices higher and funds add to their long positions."
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Boxed beef cutout values this afternoon were up on Choice and up on Select, USDA said.
“Cattle closed with moderate losses yesterday after hitting a new high for the week early in the session,” the Hightower Report said. “Despite…
“The hog market was under sharp pressure today and finished at a new low after opening at Tuesday’s low and quickly selling off as the U.S. do…
Austin Schroeder at Barchart.com said, “Lean hog futures closed the Friday session fading lower, as contracts were 17 to 97 cents lower, with …
“Cash trade ideas have improved after yesterday’s rally, but we have not seen any bids yet,” the Hightower Report said. “Fundamental underlyin…
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