Lean hog futures rose 65 cents to $1.80 on Tuesday, with open interest up 2,508 contracts pointing to net new buying. USDA’s national base hog price was not reported due to packer submission issues, while the CME Lean Hog Index fell 27 cents on May 1. The article is mostly a price-and-positioning update with limited broader market impact.
Lean hog futures rose 65 cents to $1.80 on Tuesday, with open interest up 2,508 contracts pointing to net new buying. USDA’s national base hog price was not reported due to packer submission issues, while the CME Lean Hog Index fell 27 cents on May 1. The article is mostly a price-and-positioning update with limited broader market impact.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.15
