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Market Impact: 0.28
Hogs Posting Mixed Midday Action
Source: Nasdaq
Commodities & Raw MaterialsCommodity FuturesMarket Technicals & FlowsEconomic Data
Lean hog futures are mixed, trading about 35 cents lower to 25 cents higher, while the CME Lean Hog Index fell another 23 cents to $92.42 (Aug. 25). USDA’s national base hog price was not reported due to light volume, adding uncertainty to near-term pricing signals. Weekly export sales showed 38,690… indicating ongoing but not clearly strengthening demand amid weaker spot-index momentum.
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mildly negative
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