< Pork Main Menu
DOANE'S MARKET OUTLOOK - HOGS - September 9
Lean hog futures traded higher on Wednesday. Firm cash markets, the discount of futures to cash and short-covering from the sell-off on Tuesday supported the futures market. Packer margins remain favorable despite the recent decline in pork prices. Pork prices have fallen over $6 since hitting record highs two weeks ago. October closed 70 cents higher at $76.30 and December was 70 cents higher at $74.25.
