Hogs Look to Come Out of the Long Weekend

Lean hog futures traded 20 to 77 cents higher on Thursday, while the April contract slipped 42 cents over the prior week. Open interest declined by 1,597 contracts on Thursday. USDA reported the national base hog price at $90.35 on Friday afternoon, down $0.96 from the previous day.

Analysis

Lean hog futures traded 20 to 77 cents higher on Thursday, while the April contract slipped 42 cents over the prior week. Open interest declined by 1,597 contracts on Thursday. USDA reported the national base hog price at $90.35 on Friday afternoon, down $0.96 from the previous day.