Slaughter revisions hit hog prices. October 4, 2022
Lean hog futures posted an explosive move lower today. Higher trade in the morning was reversed quickly. Revisions to both Friday and Monday's original US kill estimates were a concern. At one point the day's break from yesterday's 77.72 close on the December was down to a 4.75 loss at one point! The day's end was a little off that with a 3.30 loss.
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