Hogs Close Mostly Lower on Friday

Lean hog futures fell 37 to 60 cents across most contracts on Friday, while April was the lone gain, up 5 cents. June futures were down 75 cents on the week, and USDA's national base hog price slipped to $89.36, down 56 cents from the prior day. The report points to modestly weaker hog prices and softer near-term sentiment in the lean hog market.

Analysis

Lean hog futures fell 37 to 60 cents across most contracts on Friday, while April was the lone gain, up 5 cents. June futures were down 75 cents on the week, and USDA's national base hog price slipped to $89.36, down 56 cents from the prior day. The report points to modestly weaker hog prices and softer near-term sentiment in the lean hog market.