AgDay TV Markets Now: Jeff Hoogendoorn Discusses If the Impressive Rally in Hogs is Nearly Over

AgDay TV Markets Now: Jeff Hoogendoorn, Professional Ag Marketing, talks about the impressive rally in hogs, if it is nearly done seasonally and if producers should be hedging.

AgDay TV Markets Now: Jeff Hoogendoorn, Professional Ag Marketing, talks about the impressive rally in hogs, if it is nearly done seasonally and if producers should be hedging.

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Alan Brugler with A&N Economics says the bottom line is with that weakness in real, you’re going to see a little more competition out of Brazil on soybean exports when you’re looking at them in dollar terms.
Joe Kooima of Kooima Kooima Varilek says the reaction was a bit muted considering the placements were well below estimates. However, he says some of it was already priced in.
Dan Basse, president of Ag Resource Company, says he thinks the soybean market put in a bottom earlier in the week.
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