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Market Overview

Lean Hogs Move Lower

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April Hogs are trading at 65.47, down 0.50. June Hogs are trading 77.97, down 0.72. Trading is weak. Some market talk that longs are moving positions out to August and beyond has been making the rounds. Other chatter is that commercial selling on rallies has kept prices range-bound. Cash markets are soft. Chatter that CME Index is now trading at 66.00 and going lower is making the rounds.

 

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Posted-In: hogs lean hogsFutures Commodities Markets

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