Lean hog futures are up 15 to 62 cents in the front months on Monday, while the CME Lean Hog Index slipped 15 cents to $90.51 on April 16. USDA’s national base hog price was not reported due to light volume, and managed money cut another 10,174 contracts, indicating softer positioning but limited fundamental surprise.
Lean hog futures are up 15 to 62 cents in the front months on Monday, while the CME Lean Hog Index slipped 15 cents to $90.51 on April 16. USDA’s national base hog price was not reported due to light volume, and managed money cut another 10,174 contracts, indicating softer positioning but limited fundamental surprise.
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