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Hogs Posting Mixed Trade on Wednesday with Front Month Losses

Commodities & Raw MaterialsCommodity Futures

Lean hog futures are weaker in the front month, down to a 55–65 cents discount on Wednesday. USDA’s national base hog price rose to 97.16, up 11 cents day-over-day, while some back-month contracts are steady to modestly higher (up to ~20 cents). Overall, the mixed pricing suggests near-term pressure despite firmer spot values.

Analysis

Lean hog futures are weaker in the front month, down to a 55–65 cents discount on Wednesday. USDA’s national base hog price rose to 97.16, up 11 cents day-over-day, while some back-month contracts are steady to modestly higher (up to ~20 cents). Overall, the mixed pricing suggests near-term pressure despite firmer spot values.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.20

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