Lean Hogs Are Climbing on the Back of Record-High Beef Prices. How Much Higher Will Prices Go Here?

April lean hog futures (HEJ26) present a buying opportunity on more price strength. See on the daily bar chart for April lean hog futures that prices are trending up and have just hit a three-month high. The bulls have the firm near-term technical advantage. More News from Barchart Fundamentally, the cash hog market has rebounded from its seasonal low. Historically high beef prices at the meat counter are also driving better substitution demand for pork. A move in April lean hog futures above chart re ...