Lean hog futures finished mixed Thursday: August contracts were down $1.50, while deferred contracts were up as much as $0.30. USDA’s national base hog price was $97.05, down $0.74 from the prior day. Overall price action suggests near-term pressure but limited broad downside given the offset in the deferred curve.
Lean hog futures finished mixed Thursday: August contracts were down $1.50, while deferred contracts were up as much as $0.30. USDA’s national base hog price was $97.05, down $0.74 from the prior day. Overall price action suggests near-term pressure but limited broad downside given the offset in the deferred curve.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.15
