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Market Impact: 0.2
Hogs Close Thursday with Strength
Source: Nasdaq
Commodities & Raw MaterialsEnergy Markets & PricesCommodity FuturesMarket Technicals & Flows
Lean hog futures were marginally higher Thursday (+10 to +52 cents), but October fell 27 cents. USDA’s national base hog price declined $0.99 to $89.76, and the CME Lean Hog Index was down another 23 cents on August levels. Overall, the tape signals slight downside pressure despite small contract-specific gains.
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