Front-month April lean hog futures rose $0.47 ahead of next week’s expiration while other contracts slipped $0.25–$0.77. USDA’s national base hog price was reported at $89.92 on Thursday afternoon. The CME Lean Hog Index increased $0.24 on April 7, indicating modest upward pressure in the benchmark amid mixed contract performance.
Front-month April lean hog futures rose $0.47 ahead of next week’s expiration while other contracts slipped $0.25–$0.77. USDA’s national base hog price was reported at $89.92 on Thursday afternoon. The CME Lean Hog Index increased $0.24 on April 7, indicating modest upward pressure in the benchmark amid mixed contract performance.
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