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Market Impact: 0.2

Hogs Look to Tuesday Trade

CME
Commodity FuturesFutures & OptionsMarket Technicals & FlowsCommodities & Raw Materials

Lean hog futures fell 22 cents to 95 cents across the board on Monday, while open interest increased by 1,647 contracts, suggesting added positioning into weakness. USDA’s national base hog price rose $3.36 to $94.88, partially offsetting the weaker futures tone, while the CME Lean Hog Index was down 2 cents.

Analysis

Lean hog futures fell 22 cents to 95 cents across the board on Monday, while open interest increased by 1,647 contracts, suggesting added positioning into weakness. USDA’s national base hog price rose $3.36 to $94.88, partially offsetting the weaker futures tone, while the CME Lean Hog Index was down 2 cents.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.10

Ticker Sentiment

CME-0.10