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Latin America
Lean Hogs Ended the Day Lower
Early short-covering gave way to fresh selling in the lean hog market as traders' focus remains on concerns surrounding pork demand. Lean hogs closed 40 cents to $1.22 1/2 lower and near session lows. Despite some scattered $1-higher cash hog bids across the Corn Belt today due to weather-induced marketing disruptions, lean hog futures drifted lower amid demand concerns.
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*Disclaimer: The information in the Market Commentaries was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed therein constitutes a solicitation of the purchase or sale of any futures or options contracts.
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