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Market Impact: 0.2

Hogs Face Weakness on Friday

CME
Commodity FuturesFutures & OptionsCompany FundamentalsMarket Technicals & Flows

Lean hog futures finished Friday lower by 1 tick to 67 cents, with June down $2.67 for the week. USDA’s national base hog price rose 12 cents to $90.28, while the CME Lean Hog Index was up 6 cents, indicating firmer cash/index support even as futures weakened.

Analysis

Lean hog futures finished Friday lower by 1 tick to 67 cents, with June down $2.67 for the week. USDA’s national base hog price rose 12 cents to $90.28, while the CME Lean Hog Index was up 6 cents, indicating firmer cash/index support even as futures weakened.

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Market Sentiment

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mildly negative

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CME0.10