Lean hog futures closed Wednesday higher, gaining $1.05 to $3.87. USDA’s national base hog price rose to $97.79, up $1.37 from the prior day, and the CME Lean Hog Index was up 11 cents. Open interest declined by 3,035 contracts, mainly in the front months, indicating some trimming even as prices strengthened.
Lean hog futures closed Wednesday higher, gaining $1.05 to $3.87. USDA’s national base hog price rose to $97.79, up $1.37 from the prior day, and the CME Lean Hog Index was up 11 cents. Open interest declined by 3,035 contracts, mainly in the front months, indicating some trimming even as prices strengthened.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.25
