Lean hog futures fell in the front months on Thursday, down 25 cents to $1.27, while deferred contracts were mixed. USDA’s national base hog price rose to $92.34 in the Thursday PM report (+24 cents day/day), but the CME Lean Hog Index was down another 82 cents, reinforcing near-term pressure on pricing.
Lean hog futures fell in the front months on Thursday, down 25 cents to $1.27, while deferred contracts were mixed. USDA’s national base hog price rose to $92.34 in the Thursday PM report (+24 cents day/day), but the CME Lean Hog Index was down another 82 cents, reinforcing near-term pressure on pricing.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25
