date:Aug 07, 2014
l peaks.
It is difficult to argue for higher prices in August simply because the normal seasonal pattern is so powerful for hogs but I expect slaughter totals to be so tight in August and September that year-on-year weight increases will get smaller, leaving supplies even shorter relative to last year than they have been in recent weeks.
Chicago Mercantile Exchange Lean Hogs futures traders are certainly expecting a major break in hog prices between now and contract expiration on 14 August, bu