Lean hog futures are mixed at midday, with contracts up 40 to 60 cents. USDA’s national base hog price was not reported Thursday morning due to thin trade, while the 5-day rolling average stands at $95.11 and the CME Lean Hog Index slipped 17 cents on May 6. The update points to quiet, thin trading rather than a clear directional catalyst.
Lean hog futures are mixed at midday, with contracts up 40 to 60 cents. USDA’s national base hog price was not reported Thursday morning due to thin trade, while the 5-day rolling average stands at $95.11 and the CME Lean Hog Index slipped 17 cents on May 6. The update points to quiet, thin trading rather than a clear directional catalyst.
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neutral
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