Lean hog futures rose 22 to 65 cents on Tuesday while preliminary open interest fell 6,556 contracts, concentrated in April. USDA’s national base hog price was $92.18 (up $1.45) and the CME Lean Hog Index increased about $0.16, signaling firmer cash markets and short-covering in the nearby futures.
Lean hog futures rose 22 to 65 cents on Tuesday while preliminary open interest fell 6,556 contracts, concentrated in April. USDA’s national base hog price was $92.18 (up $1.45) and the CME Lean Hog Index increased about $0.16, signaling firmer cash markets and short-covering in the nearby futures.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.20
