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Austin Schroeder at Barchart.com said, “Lean hog futures saw Wednesday gains of 12 to 65 cents at the close. Open interest was up just 277 contracts, with October down 3,760 contracts. USDA’s national base hog price was reported at $89.52 on Wednesday afternoon, down $2.11 from the day prior. The CME Lean Hog Index was down another 28 cents on August 31 at $90.58.”
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“The 15-year seasonal trend for October hogs tends to bottom in late August, suggesting seasonal pressure may be peaking this week,” the Hight…
Austin Schroeder at Barchart.com said, “Lean hog futures posted 90 cent to $1.27 gains to close out Friday, as October was up $1.02 on the wee…
In weighted average negotiated prices for barrows and gilts, USDA reported;
Hogs finished near unchanged yesterday, but this week’s rally has improved the technical outlook, The Hightower Report said. CME Lean Hog Inde…
“Canada is sparing U.S. pork imports from the new retaliatory tariff that starts Sept 8,” The Hightower Report said.
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