Hogs Fall Back on Friday

Lean hog futures were down 45 cents to $1.55 in most front months on Friday, though June futures still rose 85 cents for the week. USDA’s national base hog price was $90.42, while the CME Lean Hog Index climbed 38 cents to $91.43 on April 22. The piece is a routine update on hog futures and cash/index pricing with no clear catalyst beyond short-term price action.

Analysis

Lean hog futures were down 45 cents to $1.55 in most front months on Friday, though June futures still rose 85 cents for the week. USDA’s national base hog price was $90.42, while the CME Lean Hog Index climbed 38 cents to $91.43 on April 22. The piece is a routine update on hog futures and cash/index pricing with no clear catalyst beyond short-term price action.