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.
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