AgResource Hog Comment and Analysis
Hog Futures Lower at Midweek: CME hog futures were continued lower through midweek. The cash index gained $.16 to $70.94, and December hogs finished near the index at $70.65. The pork cutout value jumped $9.35 on Wednesday and was back above $90. Most of Wednesday’s rally came from a near $30 rally in the ham…