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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Scott Varilek with Kooima Kooima Varilek says cattle futures were seeing some profit taking early Friday as they are overbought. However, futures haven’t stayed down long with the strength in the cash market.
Don Roose of U.S. Commodities says talk of China buying U.S. corn and soybeans helped spur the rally, but it was a combination of factors.
Sam Hudson of Corn Belt Marketing says funds sold the early bounce in grain markets with no bullish story.
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