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Hogs Showing Losses at Midday

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Lean hog futures traded lower midday, down roughly $0.65 to $1.425. USDA’s national base hog price was not reported due to low volume, while the CME Lean Hog Index ticked up $0.19 to $90.74; Commitment of Traders data from Tuesday’s close was referenced for positioning.

Analysis

Lean hog futures traded lower midday, down roughly $0.65 to $1.425. USDA’s national base hog price was not reported due to low volume, while the CME Lean Hog Index ticked up $0.19 to $90.74; Commitment of Traders data from Tuesday’s close was referenced for positioning.

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