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Market Impact: 0.22

Hogs Start the Week with Weakness

Commodity FuturesFutures & OptionsMarket Technicals & FlowsInvestor Sentiment & PositioningCommodities & Raw MaterialsCompany Fundamentals

Lean hog futures fell 25 cents to $1.42 in Monday trading, while open interest dropped 4,326 contracts, indicating softer positioning. USDA’s national base hog price rose $2.26 to $96.11, and the CME Lean Hog Index was up 9 cents on June 4, suggesting some underlying firmness despite weaker futures.

Analysis

Lean hog futures fell 25 cents to $1.42 in Monday trading, while open interest dropped 4,326 contracts, indicating softer positioning. USDA’s national base hog price rose $2.26 to $96.11, and the CME Lean Hog Index was up 9 cents on June 4, suggesting some underlying firmness despite weaker futures.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15

Ticker Sentiment

CME0.00