Hogs Extend Wednesday Buying into Thursday, Shakin and Bacon
18/7 15:13
Lean hog futures posted gains of 50 cents to $1.30 on Wednesday and are trading another $0.77 to $1.30/cwt higher at midday on Thursday. Preliminary open interest was down 4,490 contracts on Wednesday, suggesting the buying was mostly short covering. USDA’s national base hog price had a weighted average (HG202)......