Hogs Close with Gains to Round Out the Week

Lean hog futures finished Friday mostly 25 to 82 cents higher, though the expiring June contract was only up 25 cents and July fell $1.35 on the week. USDA’s national base hog price slipped $1.99 day over day to $95.27, indicating modest softness in cash fundamentals. The article is primarily a routine market update on hog futures and cash pricing.

Analysis

Lean hog futures finished Friday mostly 25 to 82 cents higher, though the expiring June contract was only up 25 cents and July fell $1.35 on the week. USDA’s national base hog price slipped $1.99 day over day to $95.27, indicating modest softness in cash fundamentals. The article is primarily a routine market update on hog futures and cash pricing.