Pork Futures: Hogs Tumble On Charts
US - The Chicago Mercantile Exchange lean hog futures closed lower Tuesday on softening near-term cash outlook, fund selling and sell stops that were tripped after June and July violated key moving-average support levels. Pork bellies settled weaker ahead of CME's weekly belly storage report on Tuesday after 5 p.m. EDT (2100 GMT).
25 April 2007
2 minute read
