That’s just speculation!

swine o'clock Nov 29, 2022

Live cattle futures on the Chicago Mercantile Exchange (CME) hit the highest in nearly three weeks last Friday! Awesome, right? It seems that was supported by firm cash cattle markets and what appeared to be speculative buying – some speculative interest wanting to come in.

What about swine? Well, CME lean hog futures closed lower. 

     • February hog contracts settled down. In the meantime, front-month December contracts fell, but gained relative to the February contract on spreads.

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