Hog futures benefited from a rebound in wholesale

Hog futures benefited from a rebound in wholesale pork bellies, now commanding $131.50 per cwt. Traders note this could spill over into stronger cutout values, supporting May and June futures into the $94–$96 range. If the Arkansas played Texas this week, do you think the Longhorns could score enough to to beat Taylen Green, Hogs with Arch Manning? Track forward-looking risk expectations on Live Cattle with the CME Group Volatility Index (CVOL TM ), a robust measure of 30-day implied volatility derived from deeply liquid options on Live Cattle futures. Economists warn that hog futures could face headwinds from rising feed corn prices, which may pressure producer margins. April futures currently stand at $88.90, but lingering inflation in agricultural inputs could temper upside momentum heading into mid-year.