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Hogs Look to Wednesday As Pork Prices Face Weakness

Commodities & Raw MaterialsCommodity FuturesMarket Technicals & Flows

Lean hog futures moved higher in the front of the curve on Tuesday, with nearbys up 47–92 cents, while deferred contracts fell 32–47 cents. USDA’s national base hog price was $97.58, and open interest declined by 3,363 contracts—suggesting some cooling in positioning despite firmer near-term prices.

Analysis

Lean hog futures moved higher in the front of the curve on Tuesday, with nearbys up 47–92 cents, while deferred contracts fell 32–47 cents. USDA’s national base hog price was $97.58, and open interest declined by 3,363 contracts—suggesting some cooling in positioning despite firmer near-term prices.

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