Pork Commentary: Lean Hog Futures Show Strong Prices for Next Twelve Months!
CANADA - We might be nervous about future hog markets, but the bulls are running rampant in Chicago with Lean Hog Futures from now until next year closing last Friday near 73¢ + lean average (53¢ live) over that time line. What is even more extraordinary is October lean closed last Friday at 71.97 while Iowa-Minnesota average lean price the same day was 68.50.