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Austin Schroeder at Barchart.com said, “Lean hog futures were in rally mode on Wednesday, with contracts up $1.30 to $1.80 on the day. OI rose 504 contracts on Wednesday. USDA’s national base hog price was not reported on Wednesday afternoon due to light volume. The CME Lean Hog Index was 15 cents higher on March 2 at $89.84.”
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“CME Lean Hog Index as of March 26 was 91.18, down 0.28 for the day and down 0.77 versus a week ago,” the Hightower Report said. “This is the …
In weighted average negotiated prices for barrows and gilts, the USDA reported:
In weighted average negotiated prices for barrows and gilts, the USDA reported:
Austin Schroeder at Barchart.com said, “Lean hog futures turned higher into Wednesday’s close, as contracts were up 12 to 55 cents. Open inter…
“The cash hog index has been on the decline lately and was down again yesterday,” the Hightower Report said. “Managed money traders may be com…
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