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Market Impact: 0.2
Hogs See Mixed Tuesday Action as Traders Look to Wednesday
Source: Nasdaq
Commodities & Raw MaterialsCommodity FuturesMarket Technicals & Flows
Lean hog futures saw a mixed session: nearby contracts were down ~1 tick to 25 cents, while deferreds were steady-to-higher by 25 cents. USDA’s national base hog price rose to $91.63, up $2.90 from the prior day, and open interest increased by 2,185 contracts on Tuesday—suggesting modest positioning changes rather than a clear directional break.
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