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Market Impact: 0.18

Hogs Facing Midday Pressure

Commodities & Raw MaterialsFutures & OptionsCommodity FuturesMarket Technicals & Flows

Lean hog futures were down $1.02 to $1.85 on Friday, reflecting a softer tone in the hog market. USDA’s national base hog price was $91.87, while the CME Lean Hog Index slipped 26 cents to $90.48 on May 13. The update is routine but slightly negative for near-term hog prices.

Analysis

Lean hog futures were down $1.02 to $1.85 on Friday, reflecting a softer tone in the hog market. USDA’s national base hog price was $91.87, while the CME Lean Hog Index slipped 26 cents to $90.48 on May 13. The update is routine but slightly negative for near-term hog prices.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15