About time (and pork)! ๐Ÿ•‘๐Ÿท

swine o'clock May 12, 2023

๐Ÿ‡บ๐Ÿ‡ฒ (Almost a pun with the name of our newsletter!!) Chicago Mercantile Exchange (CME) lean hog futures recovered from contract lows on a round of technical buying at the beginning of this week and the export market is in for a lot of attention… US pork has become some of the cheapest in the world, so international trade is (finally!) coming our way!

๐Ÿ“ˆ Cattle contracts also ended higher, with strength in the cash market spilling over into futures prices. A decline in corn futures added support. For all the details, click here.