Hogs Showing Mixed Midday Action

Lean hog futures were mixed, with July down 22 cents while other contracts were 15 to 35 points higher. USDA's national base hog price was not reported Monday morning due to thin trade, and the CME Lean Hog Index slipped 27 cents to $92.17 on June 18. The update is routine and largely price-action focused, with limited broader market impact.

Analysis

Lean hog futures were mixed, with July down 22 cents while other contracts were 15 to 35 points higher. USDA's national base hog price was not reported Monday morning due to thin trade, and the CME Lean Hog Index slipped 27 cents to $92.17 on June 18. The update is routine and largely price-action focused, with limited broader market impact.