Hogs Look to Wednesday Trade

Lean hog futures finished mixed, with June up 37 cents while other contracts fell $1.12 at the close. USDA’s national base hog price was not reported due to low volume, and the CME Lean Hog Index slipped 19 cents to $90.88 on May 21. The update points to a soft, low-liquidity trade environment rather than a major directional shift.

Analysis

Lean hog futures finished mixed, with June up 37 cents while other contracts fell $1.12 at the close. USDA’s national base hog price was not reported due to low volume, and the CME Lean Hog Index slipped 19 cents to $90.88 on May 21. The update points to a soft, low-liquidity trade environment rather than a major directional shift.