Markets

Morning Hog Market Report 01/04

The market could see some end of the week selling to bring February hogs closer to the cash market, but a jump in pork values may lend support. The surge in the US dollar over the past few days is seen as a negative force. The market closed slightly higher on the session yesterday but well off of the mid-session peak. A jump of 167 points off of the lows to trade sharply higher into the mid-session was impressive, but the market settled back into the middle of range by the close.

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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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