CME: Hogs Futures Rallied
US - So much for a "slightly bearish" Hogs and Pigs rReport as CME Group Lean Hogs futures rallied yesterday. Market observers attributed the rally to higher cash hogs (and Ia-Minn negotiated hogs were up over $1.50/cwt), higher cutout values and rumours of more orders from China, write Steve Meyer and Len Steiner.
3 October 2011
2 minute read
