Lean hog futures finished Tuesday down 20 to 77 cents across contracts, while USDA's national base hog price rose $2.32 to $92.56. The CME Lean Hog Index edged down 18 cents to $91.26 on April 24, indicating mixed near-term price signals. The update is modestly bearish for hog futures but appears more routine than market-moving.
Lean hog futures finished Tuesday down 20 to 77 cents across contracts, while USDA's national base hog price rose $2.32 to $92.56. The CME Lean Hog Index edged down 18 cents to $91.26 on April 24, indicating mixed near-term price signals. The update is modestly bearish for hog futures but appears more routine than market-moving.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.15
Ticker Sentiment