Front-month lean hog futures tumbled 15–90¢ on Friday, leaving the April contract down $2.17 for the week. USDA reported the national base hog price at $91.82 (+$0.43 day/day) and the CME Lean Hog Index was up $0.24, showing cash and index strength despite weakness in futures. The divergence signals short-term volatility in the hog complex and potential price pressure for hog-related commodity exposures.
Front-month lean hog futures tumbled 15–90¢ on Friday, leaving the April contract down $2.17 for the week. USDA reported the national base hog price at $91.82 (+$0.43 day/day) and the CME Lean Hog Index was up $0.24, showing cash and index strength despite weakness in futures. The divergence signals short-term volatility in the hog complex and potential price pressure for hog-related commodity exposures.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.15