Lean hog futures finished last week mixed, with contracts ranging from down 75 cents to up 67 cents, while June fell $2.65 on the week. Open interest increased by 3,290 contracts on Friday, and USDA's national base hog price rose $3.07 to $93.77. The action points to a firm cash market but only modest, mixed futures momentum.
Lean hog futures finished last week mixed, with contracts ranging from down 75 cents to up 67 cents, while June fell $2.65 on the week. Open interest increased by 3,290 contracts on Friday, and USDA's national base hog price rose $3.07 to $93.77. The action points to a firm cash market but only modest, mixed futures momentum.
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neutral
Sentiment Score
0.05
