Pork Prices See Slight Strength Tuesday; Is the U.S. Dollar at Play?
Lean hog futures finished slightly higher Tuesday. The strengthening U.S. dollar may be a factor, but there are also other fundamentals playing into the market.
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Last week Jerry Gulke, president of The Gulke Group, predicted the highs had been made in the grain markets on May 13. After reading the White House fact sheet on the China trade framework, he says he hasn’t changed his mind.
Did this week’s disappointment regarding the China summit top the grain markets for the year?
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