Pig outlook: Technical charts mixed; global pork demand remains solid

Read Jim Wyckoff's latest insights from the global hog market.
calendar icon 6 November 2020
clock icon 4 minute read
Chart showing the trajectory of US December lean hog futures
Bulls keeping price uptrend alive, but just barely. Bulls need to show fresh power soon, as more price pressure would then suggest market top is in place

© Jim Wyckoff

meat plant worker at the processing line
The global meat sub-index fell slightly for the second consecutive month despite strengthening prices in other sectors
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