Lean hog futures are rallying ahead of the long weekend, with front months up 35 cents to $1.65. USDA’s national base hog price was $95.79, down $1.37 on the day, while the CME Lean Hog Index rose 24 cents. Net effect is a modestly bullish futures move despite a weaker spot reference.
Lean hog futures are rallying ahead of the long weekend, with front months up 35 cents to $1.65. USDA’s national base hog price was $95.79, down $1.37 on the day, while the CME Lean Hog Index rose 24 cents. Net effect is a modestly bullish futures move despite a weaker spot reference.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.15
