Hog Futures Breaking Out to the Upside

by Archer Financial Services | May 09, 2018
By Dennis Smith 
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Hog Futures Breaking Out to the Upside

May 9, 2018

Hog Futures Breaking Out to the Upside

·         Bull spreads showing strength

·         June LH closed well above the 40-day MA

·         Butcher hog supplies starting to tighten

·         Average live hog weights peaking

·         Improving seasonal demand for pork

·         Pork loin prices historically cheap

·         Demand for fresh bellies surfacing

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