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Market Impact: 0.22

Hogs Look to Short Week

Commodity FuturesFutures & OptionsMarket Technicals & FlowsCompany Fundamentals

Lean hog futures were mostly higher on Friday, up $1.00 to $1.37, though front months were mixed and July finished down $2.10 for the week. Open interest increased by 1,905 contracts, while USDA's national base hog price slipped $1.85 to $93.44, indicating firmer futures action against a softer cash market.

Analysis

Lean hog futures were mostly higher on Friday, up $1.00 to $1.37, though front months were mixed and July finished down $2.10 for the week. Open interest increased by 1,905 contracts, while USDA's national base hog price slipped $1.85 to $93.44, indicating firmer futures action against a softer cash market.

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