Lean hog futures finished Wednesday mixed, with front-month contracts down 30 to 52 cents while deferred months rose 10 to 40 cents. USDA’s national base hog price fell to $95.56, down $1.70 from the prior day, signaling softer spot fundamentals. The CME Lean Hog Index was also moving lower, pointing to near-term pressure in hog pricing.
Lean hog futures finished Wednesday mixed, with front-month contracts down 30 to 52 cents while deferred months rose 10 to 40 cents. USDA’s national base hog price fell to $95.56, down $1.70 from the prior day, signaling softer spot fundamentals. The CME Lean Hog Index was also moving lower, pointing to near-term pressure in hog pricing.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.15
