Lean hog futures fell Thursday by 10 cents to $1.15 in the front months, while deferred contracts were steady to 37 cents higher. Open interest rose by 2,921 contracts, led by October and beyond, indicating fresh positioning despite the weaker nearby tone. USDA's national base hog price was $95.29, down 27 cents, adding to the soft lean hog market bias.
Lean hog futures fell Thursday by 10 cents to $1.15 in the front months, while deferred contracts were steady to 37 cents higher. Open interest rose by 2,921 contracts, led by October and beyond, indicating fresh positioning despite the weaker nearby tone. USDA's national base hog price was $95.29, down 27 cents, adding to the soft lean hog market bias.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.15