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Honored Advisor
Posts: 11,091
Registered: ‎05-13-2010
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Re: Why the drop in pork futures?

Europe is worrisome in particular right now:

Stocks slumped Tuesday as the euro touched a fresh four-year low versus the dollar, keeping Europe's woes front and center and overshadowing better-than-expected earnings from big U.S. retailers.

 

Mike also mentioned to me earlier today that Lowe's had reported that it's not doing very well right now...I haven't followed up on that, but he said stocks went lower after their report.