Lean hog futures fell 30 to 70 cents on Thursday even as USDA’s national base hog price rose $1.30 to $95.66 and the CME Lean Hog Index climbed 60 cents to $92.25. The move reflects softer futures tone versus firmer cash and index pricing. USDA export sales data was also cited, but the article is otherwise a routine livestock market update.
Lean hog futures fell 30 to 70 cents on Thursday even as USDA’s national base hog price rose $1.30 to $95.66 and the CME Lean Hog Index climbed 60 cents to $92.25. The move reflects softer futures tone versus firmer cash and index pricing. USDA export sales data was also cited, but the article is otherwise a routine livestock market update.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.15
