Pro Farmer: After The Bell Hog Recap
By Pro Farmer - Fri 11 Jan 2013 15:02:23 CT
Related Keywords: Agriculture

Lean hog futures ended the day mixed, but posted sharp losses for the week. April lean hog futures have dropped below the November low to suggest the contract has posted a near-term high. Followthrough pressure early next week would open more near-term downside risk for lean hog futures, especially if the cash hog market continues to soften. February lean hog futures are now trading in line with the cash market, as traders took the cash premium out this week due to slackened packer demand.
 


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