Lean hog futures weakened by 7 to 47 cents on Monday. USDA reported the national base hog price at $91.93, up $1.58 from the prior day, while the CME Lean Hog Index fell 9 cents to $91.95 on March 19. The move shows mixed signals—firmer cash prices but softer futures—which may temper near-term price direction for hogs.
Lean hog futures weakened by 7 to 47 cents on Monday. USDA reported the national base hog price at $91.93, up $1.58 from the prior day, while the CME Lean Hog Index fell 9 cents to $91.95 on March 19. The move shows mixed signals—firmer cash prices but softer futures—which may temper near-term price direction for hogs.
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