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Hogs Falling Back on Friday

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & Flows

Lean hog futures are down 97 cents to $2.62 at midday, while USDA’s national base hog price fell $1.46 day over day to $94.18 on Friday morning. The CME Lean Hog Index, however, rose 26 cents to $92.51 on June 3, indicating mixed pricing signals across the hog complex. USDA pork carcass cutout data is referenced but not fully provided.

Analysis

Lean hog futures are down 97 cents to $2.62 at midday, while USDA’s national base hog price fell $1.46 day over day to $94.18 on Friday morning. The CME Lean Hog Index, however, rose 26 cents to $92.51 on June 3, indicating mixed pricing signals across the hog complex. USDA pork carcass cutout data is referenced but not fully provided.

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