Lean hog futures fell, with losses ranging from 35 cents to $1.60 and nearby July gaining 10 cents. USDA reported a national base hog price of $96.42, while the CME Lean Hog Index declined 12 cents to $91.55 (July 2). USDA’s pork carcass cutout value was cited at $1.66, suggesting pressured but not collapsing demand/pricing dynamics.
Lean hog futures fell, with losses ranging from 35 cents to $1.60 and nearby July gaining 10 cents. USDA reported a national base hog price of $96.42, while the CME Lean Hog Index declined 12 cents to $91.55 (July 2). USDA’s pork carcass cutout value was cited at $1.66, suggesting pressured but not collapsing demand/pricing dynamics.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.22
