The thought here is, as bans from importing countries go into effect on European pork products, the United States will garner a greater share of the world pork product market. This has been the rallying cry for the market over the past few weeks. In the cash trade, prices rallied as hog numbers have been less than burdensome and cutouts have improved, allowing the packers to be more aggressive in their bids. It appears that the hog market is going to be erratic and subject to quick moves in both directions. Producers should take advantage of any extreme moves to lock in summer marketings.
Information is in no way guaranteed.
Futures trading always involves a certain degree of risk.