April 21, 2014

Lean Hog Commentary

Posted 04/17/14

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.

    Allendale Advisory Contributor:

    Rich Nelson

    Rich Nelson

    Rich started with Allendale in 1997 after graduating from Western Illinois University with a degree in Economics. Rich represents Allendale’s advisory products through print, radio and television apperances.
    Weather

    View Hog Technical Analysis
    View Technical Analysis