After The Bell Hog Recap
By Pro Farmer - Mon 28 Jan 2013 15:15:47 CT
Related Keywords: Agriculture

Lean hog futures closed 12 1/2 to 70 cents higher in all but the May contract, which ended 10 cents lower. Far-deferreds also posted slightly losses. Nearby futures ended near session lows, while summer-month contracts closed near daily highs. Hog futures benefited from spillover from sharp gains in live cattle futures, although buying was limited as traders are concerned that packer demand for hogs could wane given negative profit margins.
 


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