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Market Impact: 0.22

Hogs Face Wednesday Weakness

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & Flows

Lean hog futures pulled back on Wednesday, falling 5 cents to $1.15 by the close. USDA’s national base hog price was $96.92, down 66 cents from the prior day, while the CME Lean Hog Index was 17 cents lower as of June 29.

Analysis

Lean hog futures pulled back on Wednesday, falling 5 cents to $1.15 by the close. USDA’s national base hog price was $96.92, down 66 cents from the prior day, while the CME Lean Hog Index was 17 cents lower as of June 29.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.28

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