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Market Impact: 0.15

Hogs Closes Mostly Lower on Monday

Commodity FuturesCommodities & Raw MaterialsFutures & OptionsMarket Technicals & Flows

Lean hog futures mostly fell 5 to 30 cents on Monday, with the May contract closing up 15 cents. USDA's national base hog price rose $0.40 to $90.92, while the CME Lean Hog Index declined $0.28 on March 26. These are mixed, modest moves in the hog complex and are unlikely to drive broader market shifts.

Analysis

Lean hog futures mostly fell 5 to 30 cents on Monday, with the May contract closing up 15 cents. USDA's national base hog price rose $0.40 to $90.92, while the CME Lean Hog Index declined $0.28 on March 26. These are mixed, modest moves in the hog complex and are unlikely to drive broader market shifts.

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