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.

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    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.

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