Hog Futures End Mixed at Midweek: February hogs gapped lower at the open on Wednesday and fell $1.65 by the close. Other months were near unchanged or higher for the day, with Jun-Dec pressing to new contract highs. Selling in Feb hogs was related to the contract’s premium to cash. However, the spread continues to…
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Executive summary: The Climate Impact Company month 1-3 ahead outlook valid for FEB/MAR/APR is updated. The outlook is based on ECMWF model output, descending La Nina intensity climatology and persistence. The 3-month forecast confidently projects a cold bias across the Northwest U.S. (and western Canada). East and south of the cold zone anomalous warmth dominates…
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