Pig outlook: Lean hog futures post solid rebound this week

Jim Wyckoff gives his weekly update on the global pork industry.
calendar icon 27 November 2020
clock icon 5 minute read
Chart showing the weekly trade of US lean hog futures
Bulls make good rebound this week to negate a downtrend line. Gains Wednesday and Friday in hog futures would suggest challenge of the October high or above.

© Jim Wyckoff

Man in white shirt pulling deli meat out of a supermarket freezer
Meat prices in the US have not eased off the highs they reached this Spring
Pork stall at a wet market in Asia
Taiwan has started to strengthen trade ties with the US
© 2000 - 2024 - Global Ag Media. All Rights Reserved | No part of this site may be reproduced without permission.