Hog Market Resilient Amid Fluctuating Prices

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Marți

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Lean hog futures surged, with most contracts climbing sixty-five to eighty-five cents, indicating market strength. Despite a drop in the USDA national base hog price, export sales data showed twenty-seven thousand metric tons of pork sold, maintaining overseas demand. However, the pork carcass cutout value fell, with only butt and belly primals seeing gains. February, April, and May hogs closed higher, suggesting a resilient hog market amid fluctuating prices.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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