Lean hog futures were lower on Wednesday, trading around $1.07 to $1.45 cent losses. USDA’s national base hog price fell to $98.91, down 52 cents from the prior day, while the CME Lean Hog Index declined 51 cents to $97.17 (Aug. 3). The updates point to near-term softening in hog and pork input pricing.
Lean hog futures were lower on Wednesday, trading around $1.07 to $1.45 cent losses. USDA’s national base hog price fell to $98.91, down 52 cents from the prior day, while the CME Lean Hog Index declined 51 cents to $97.17 (Aug. 3). The updates point to near-term softening in hog and pork input pricing.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25
