There are rumor that supplies could be returning to normal, Allendale said this morning. That “helped spur the buying,” they said as hogs saw a positive day yesterday.

After Monday’s lows, the market has seen “very strong gains,” The Hightower Report said, however bullish demand or supply news will be needed for a significant follow-through. “Progress on trade talks with China helped to support but buyers would be more active if tariffs on U.S. pork are lowered.”