Markets

Mid-Session Hog Market Report

The hog market pushed higher on the day and moved to the highest level since May 3rd as strength in the cash market and expectations for a continued slide in pork production in the weeks just ahead helped to support. Cash hogs were steady to $1.00 higher and pork cut-out values were higher late yesterday which helped support as well. The rally is impressive given the surge higher in the US dollar and a collapse in the US stock market.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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