Hogs Look to Monday Trade Following Long Weekend

Lean hog futures were mixed, with front-month contracts up 5 to 27 cents while December and later months fell 12 to 32 cents. Open interest increased by 1,010 contracts, and USDA’s national base hog price was $93.91 on Friday. July remains down $2.42 on the week, indicating some near-term weakness despite modest front-end support.

Analysis

Lean hog futures were mixed, with front-month contracts up 5 to 27 cents while December and later months fell 12 to 32 cents. Open interest increased by 1,010 contracts, and USDA’s national base hog price was $93.91 on Friday. July remains down $2.42 on the week, indicating some near-term weakness despite modest front-end support.