Lean Hog Commentary
There is no nice way to describe this week’s cash hog and pork trade. It was a tough week. Despite this bad news, June futures gained 3.82. The market saw April futures expire on Monday and decided the summer futures price spread was a bit unrealistic. Previously, summer futures were implying cash would continue to fall. The off and on warmer weather recently reminded the trade that grilling season is here.
Login to view this entire report, or click here to subscribe.