Historical Context to Prophecy

Not all prophesy, like Hosea, has future (to us) content. Most of it is commentary on the historical situation of the day that the prophet wrote in. Hosea mostly refers to the Assyrian captivity - past history to us but present and future to Hosea. Thus, most of this is just that, history. Hosea 7, 8, 9, 10 and 11 all have references to the assyrian captivity - a historical event.

Some prophesies were appropriated by the apostles as part of their understanding of what happened in Jesus. As an example:

Rom 9:25 As he saith also in Hosea, I will call them my people, which were not my people; and her beloved, which was not beloved.