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Market Impact: 0.22

Hogs Retreating Lower on Monday

CME
Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & Flows

Lean hog futures were down 17 to 90 cents at midday, with the USDA national base hog price not reported at $91.52 due to light volume. The CME Lean Hog Index slipped 2 cents to $90.46 on May 14, indicating slightly softer nearby pricing. The article is a routine market update with a mildly bearish tone and limited broader market impact.

Analysis

Lean hog futures were down 17 to 90 cents at midday, with the USDA national base hog price not reported at $91.52 due to light volume. The CME Lean Hog Index slipped 2 cents to $90.46 on May 14, indicating slightly softer nearby pricing. The article is a routine market update with a mildly bearish tone and limited broader market impact.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15

Ticker Sentiment

CME-0.15