CME: Brief Rally in Hog Futures Stalled

US - The brief rally in hog futures appeared to stall yesterday, in part due to ongoing weakness in wholesale pork prices. The pork cutout was quoted at $65.32/cwt yesterday afternoon (although USDA also issues a report at noon), write Steve Meyer and Len Steiner.
calendar icon 9 April 2015
clock icon 2 minute read
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