Hogs Face Pressure into the Long Weekend

Lean hog futures were 20 to 77 cents higher on Thursday, though the April contract fell 42 cents for the week. USDA reported the national base hog price at $90.35 (up $0.18 day-over-day) and the CME Lean Hog Index was down 4 cents on March 31.

Analysis

Lean hog futures were 20 to 77 cents higher on Thursday, though the April contract fell 42 cents for the week. USDA reported the national base hog price at $90.35 (up $0.18 day-over-day) and the CME Lean Hog Index was down 4 cents on March 31.