Lean Hogs Are Rising. You Can Thank the USDA and Elevated Beef Prices.

August lean hog (HEQ26) futures present a buying opportunity on more price strength.

See on the daily bar chart for August lean hog futures that prices are starting to trend higher. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is also in a bullish mode as the blue MACD line is above the red trigger line and both lines are trending up.