Lean hog futures fell 45 cents to $1.45 on Tuesday, while open interest rose just 40 contracts, suggesting a modest rotation of ownership rather than aggressive new positioning. USDA’s national base hog price increased $1.37 to $97.48, and the CME Lean Hog Index was up 3 cents, indicating underlying cash firmness despite weaker futures.
Lean hog futures fell 45 cents to $1.45 on Tuesday, while open interest rose just 40 contracts, suggesting a modest rotation of ownership rather than aggressive new positioning. USDA’s national base hog price increased $1.37 to $97.48, and the CME Lean Hog Index was up 3 cents, indicating underlying cash firmness despite weaker futures.
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.15
