Lean hog futures fell $1.125 to $2.35 on Thursday, while the CME Lean Hog Index was up $0.07 at $91.93 on March 17. USDA's national base hog price was not reported this morning due to light volume, signaling thin cash-market liquidity. Export Sales data referenced new pork business (article truncated), so near-term demand signals are incomplete; overall action suggests a bearish, volatile short-term market for hogs.
Lean hog futures fell $1.125 to $2.35 on Thursday, while the CME Lean Hog Index was up $0.07 at $91.93 on March 17. USDA's national base hog price was not reported this morning due to light volume, signaling thin cash-market liquidity. Export Sales data referenced new pork business (article truncated), so near-term demand signals are incomplete; overall action suggests a bearish, volatile short-term market for hogs.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.15
