Hogs Fill Part Of The Gap March 16, 2022
A nice short term pop high was seen off the open for nearby hog futures. For the dominant April contract, we filled a part of the 104.25 - 105.05 upside gap open since 3/4. There is still 35 cents left for bulls to shoot for in the coming days. Traders are evaluating whether wholesale pork needs more than a two week fall.
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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
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Open interest continues to fall drastically
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Overnight reacting to slow BRA planting pace and may be looking for new China buying
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Trade Holds On To Hope Of China Purchases
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