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Market Impact: 0.15

Hogs Post Rally on Monday

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsDerivatives & VolatilityMarket Technicals & FlowsEconomic Data

Lean hog futures rose modestly, up about $0.12 to reach roughly $3.22 on Monday. USDA's national base hog price was not reported due to light trade, while the CME Lean Hog Index fell $0.16 to $90.01 on April 2. Overall movement was small and trading appeared muted, implying limited near-term market impact.

Analysis

Lean hog futures rose modestly, up about $0.12 to reach roughly $3.22 on Monday. USDA's national base hog price was not reported due to light trade, while the CME Lean Hog Index fell $0.16 to $90.01 on April 2. Overall movement was small and trading appeared muted, implying limited near-term market impact.

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