Pig outlook: lean hog bulls are now fading

US hog futures hit a five-week low as major meat companies warn of inflating meat prices.
calendar icon 13 August 2021
clock icon 7 minute read
Graph showing the trading trajectory of October lean hog futures
Bears gain momentum to suggest a bit more downside pressure, but strong support at the June low is likely to stop any further declines.

© Jim Wyckoff

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