LEAN HOGS – Steady to up 0.250 cent per lb.
* Technically strong after Friday’s price surge.
* Tight supplies of market-ready hogs continue to support.
* Cash hogs were called steady to higher on Monday.
* Pork value slipped but holding near highest level since
August 2008.
* USDA’s cash pork cutout off 24 cents on Friday at $89.96
per cwt.
* CME Lean Hog Index up 0.87 cent at 84.15 cents per lb.
×
Comments are closed.