Pork Futures: Lean Hogs Closed Flat to Firm

CHICAGO - Lean hogs closed flat to firm, with June ending weaker, July unchanged and remaining contracts moderately higher. Lower cash prices and bear-spreading pressured spot-June but lifted July from a four-month low. Speculative buyers waded into far months, particularly October through 2008 April, because of their board discounts compared with other trading months.
calendar icon 24 May 2007
clock icon 2 minute read
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