Cold Storage Finds Larger Than Expected Red Meat Stocks March 23, 2022

All 2022 hog futures contracts gapped higher and left that gap open today. The trade notes wholesale pork finally has a solid bottom. Along with bullish hogs for next Wednesday's Hogs & Pigs all deferreds pushed to new contract highs today. Expect a small setback tomorrow on the Cold Storage numbers.

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Allendale, Inc.
4506 Prime Parkway McHenry, IL 60050

1.800.2MARKET | 1.800.551.4626
Local: 815.578.6150 | Fax: 815.363.5511

service@allendale-inc.com

©2019 Allendale, Inc.
This communication is intended as a solicitation for business in the U.S. Please see our full disclaimer.
Site designed and developed by Turnkey Digital.