Hog market prepares for tighter supplies into spring December 21, 2021
February futures posted some surprising gains today with a best close posted since November 24. This contract is now over the mid-point of the past few months we have discussed before, 80.76. Both yesterday and today have full hog processing runs to be proud of. Also, the trade is noting Thursday's Hogs & Pigs report may confirm the low supply narrative for a few more months.
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Allendale Insider
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Market Movers
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Possible light fund short covering yesterday
December 6, 2023
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Funds sellers of 21K, slightly higher support due to exports
December 4, 2023
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SA maps still look solid for rains in the 10 day
December 1, 2023
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Trade expects strong exports and more 8 AM announcements
November 30, 2023
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Open interest continues to fall drastically
November 29, 2023
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