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Market Impact: 0.15

Hogs Extend Weakness to Tuesday, as Cutout Falls

Commodity FuturesFutures & OptionsCompany Fundamentals

Lean hog futures fell 45 cents to $1.45 on Tuesday, while USDA's national base hog price rose $1.37 to $97.48. The CME Lean Hog Index also edged up 3 cents to $92.63 on June 4, indicating firmer cash fundamentals despite weakness in futures. The update is mainly a routine livestock market move with limited broader market impact.

Analysis

Lean hog futures fell 45 cents to $1.45 on Tuesday, while USDA's national base hog price rose $1.37 to $97.48. The CME Lean Hog Index also edged up 3 cents to $92.63 on June 4, indicating firmer cash fundamentals despite weakness in futures. The update is mainly a routine livestock market move with limited broader market impact.

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