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Market Impact: 0.2
Hogs Look to React to Hogs & Pigs Report
Source: Nasdaq
Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & Flows
Lean hog futures fell $0.30 to $1.17 across most contracts on Thursday, while open interest increased by 1,101 contracts. USDA's national base hog price declined $0.70 day over day to $78.95, and the CME Lean Hog Index fell another $0.45, signaling continued near-term pressure in cash and futures hog markets.
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