Lean Hog Futures Fall for Third Straight Session
Lean hogs accelerated losses to settle at their lowest level in more than three years. Allendale's Rich Nelson attributed the weakness to pushback from U.S. consumers.
Lean hogs fall for a third straight session, accelerating losses to settle at their lowest level in more than three years. "Hogs have seen a terrible pushback from the U.S. consumer," says Rich Nelson of Allendale Inc. Recent U.S.
pork production is down 1% from a year ago, but wholesale pork price…