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Market Impact: 0.15

Hogs Holding Steady at Midday

Commodity FuturesFutures & OptionsCompany FundamentalsMarket Technicals & FlowsEconomic Data

Lean hog futures are trading steadily on Thursday, with some contracts up a nickel. USDA did not report the national base hog price due to thin volume, while the CME Lean Hog Index rose 9 cents to $91.19 on May 5. The article also references upcoming USDA export sales data, but provides no major new catalyst.

Analysis

Lean hog futures are trading steadily on Thursday, with some contracts up a nickel. USDA did not report the national base hog price due to thin volume, while the CME Lean Hog Index rose 9 cents to $91.19 on May 5. The article also references upcoming USDA export sales data, but provides no major new catalyst.

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