A mostly lower day on Monday except hogs as poor economic news out of China and weather produced a risk off session. Cattle gave up early gains as funds took slight profits, hogs supported by the futures discount to the lean hog index. Michelle Rook reviews the day with Arlan Suderman of Stone X Group.
Lower Closes on Monday, Except Hogs. China and Weather Produce Risk Off Session
A mostly lower day on Monday except hogs as poor economic news out of China and weather produced a risk off session. Cattle gave up early gains as funds took profits, hogs supported by the futures discount to the LHI.
August 15, 2022 02:06 PM
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