CME: Expected Reaction to Hogs & Pigs Report Seen
US - According to Steve Meyer and Len Steiner, CME Group Lean Hogs and Pork Bellies futures reacted
to Friday’s USDA Hogs and Pig Report pretty much as
expected today with Lean Hogs contracts for May through
December and Pork Bellies contracts for May through August
gaining the daily limit of $3.00/cwt.