Hog market prepares for tighter supplies into spring

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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