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Hogs Trading with Friday Gains

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & FlowsInvestor Sentiment & Positioning

Lean hog futures were mixed on Friday, with June down 25 cents and July up 80 cents, signaling a split short-term tone in the market. USDA’s national base hog price fell $3.34 to $94.26, while the CME Lean Hog Index was down 2 cents on June 10, indicating softer underlying cash and index pricing.

Analysis

Lean hog futures were mixed on Friday, with June down 25 cents and July up 80 cents, signaling a split short-term tone in the market. USDA’s national base hog price fell $3.34 to $94.26, while the CME Lean Hog Index was down 2 cents on June 10, indicating softer underlying cash and index pricing.

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