Lean hog futures rose 27 cents to $1.60 across the board on Monday, signaling a modestly firmer tone in the hog complex. USDA did not report the national base hog price due to thin trade, while the CME Lean Hog Index slipped 23 cents to $90.79 on May 7. The update is mainly price action and market reference data, with limited broader market impact.
Lean hog futures rose 27 cents to $1.60 across the board on Monday, signaling a modestly firmer tone in the hog complex. USDA did not report the national base hog price due to thin trade, while the CME Lean Hog Index slipped 23 cents to $90.79 on May 7. The update is mainly price action and market reference data, with limited broader market impact.
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