The hog market pushed moderately higher on the day and to the highest level since August 16th. Cash markets traded steady to $.50 higher this morning and the market saw solid buying support from follow-through strength in the loin and pork product markets. Rumors of buying from China of US pork this week has helped to support. Weakness sin the corn market helped to limit the advance and 2012 contracts pulled back off of the highs into the mid-day.
Join the Discussion