Skip to main content
You have permission to edit this article.
Lean hogs

Lean hogs

There is still no technical sign of a short-term peak with October hogs making new highs on Friday. However, any sign of weakness for pork product markets could help rationalize the discount and trigger some speculative long liquidation, The Hightower Report said this morning.

Hogs are steady to higher starting the week as prices finished mixed with noted bull spreading in the market to end the week, as the front month strength saw buying support. “The strong technical close should open the door for a further test higher, but the fundamentals will need to stay supportive,” TFM said this morning.

CropWatch Weekly Update

* I understand and agree that registration on or use of this site constitutes agreement to its user agreement and privacy policy.

Related to this story

Most Popular

Hogs are trading “steady to higher on follow-through from bottoming action yesterday highlighted by short covering,” Total Farm Marketing said…

The hog market hit a high of $89.97 on Sept. 7 and closed at $82.80 on Friday. That would suggest long liquidation selling, according to The H…

The hog markets are “steady to lower” but there is an opportunity for a bounce, Total Farm Marketing said. “Yesterday, prices pushed under the…

Additional follow-through selling pressure pushed hog prices lower on Tuesday as most futures posted triple-digit losses. The hog market is ov…

The recent move lower in the hog market “could open the door for additional long liquidation,” Total Farm Marketing said. “However, the mixed …

Find the equipment you're looking for

Get up-to-the-minute news sent straight to your device.


Breaking News