Five day hog break removes 8.35 from futures. August 18, 2022

Locked limit-down trade, -4.75, was noted for the October contract. Traders had previously been betting on both tight US hog supplies and hopes for Chinese buying. The Chinese buying portion of that narrative has not been proven. In just five trading sessions, from last Thursday's high to today's locked limit-down low, the October has fallen 8.35!

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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.