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Hogs Trading Mixed on Friday

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & Flows

Lean hog futures are mixed at midday, with June up 10 cents while other contracts are down as much as 75 cents. USDA’s national base hog price was $93.57 in Friday morning trade, and the CME Lean Hog Index rose 45 cents to $91.07 on May 20. The report is a routine commodity price update with no clear directional catalyst.

Analysis

Lean hog futures are mixed at midday, with June up 10 cents while other contracts are down as much as 75 cents. USDA’s national base hog price was $93.57 in Friday morning trade, and the CME Lean Hog Index rose 45 cents to $91.07 on May 20. The report is a routine commodity price update with no clear directional catalyst.

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