Back to News
Market Impact: 0.18

Hogs Face Friday Pressure as Cash and Cutout Weaken

Source: Nasdaq

Commodity FuturesFutures & OptionsCommodities & Raw Materials

Lean hog futures declined by 72 cents to around $1.62 across most Friday contracts, while the October contract was down 77 cents for the week. USDA's national base hog price fell $1.48 day-over-day to $85.38, and the CME Lean Hog Index declined another 57 cents, signaling continued near-term weakness in hog pricing.

AllMind Terminal

AI-powered research, real-time alerts, and portfolio analytics for institutional investors.

Request Trial

Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.28

More News