June hogs post a new low-close. June cattle post new highs and a new high-close. April 11, 2023
Packers are already said to be ready to pay up this week. As we wait for that news to develop into confirmed trades futures pushed to new contract highs again. Futures have not shown any interest yet in filling that downside chart gap left from Friday's gap higher trade. May feeders, which had been a laggard, finally joined the party and posted new contract highs today.
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