DTN Market Commentary

DTN Early Word Livestock Comments 07/14 06:36

7/14/2020 - 07:08:00

DTN Early Word Livestock Comments      07/14 06:36
   Hog Market Futures Building on Market Support

   Firm underlying support on Monday in lean hog futures is helping to spark
the expectation of limited follow-through support through the hog complex as
the week continues. With August lean hog futures now moving above $50 per cwt,
the potential for traders to build on the recent market momentum could help to
spark buyer interest through the entire livestock complex.