Hog margins sink ahead of key USDA reports

Futures prices of hogs tailed off by more than $10 per hundredweight this week, driving returns down to breakeven levels or below. While demand is playing a part in it, outside markets also threw a wrench into commodity markets. Toni Dunker, market analyst with Advance Trading, discusses the recent downturn in the hog market ahead of USDA’s quarterly hogs and pigs report.

 

 

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