Lean hog futures are down 92 cents to $1.57 at Wednesday midday, even as open interest rose 2,508 contracts, suggesting net new buying. USDA’s national base hog price was up 82 cents to $94.79 and the CME Lean Hog Index edged higher by 7 cents, indicating underlying cash market firmness despite the softer futures tone.
Lean hog futures are down 92 cents to $1.57 at Wednesday midday, even as open interest rose 2,508 contracts, suggesting net new buying. USDA’s national base hog price was up 82 cents to $94.79 and the CME Lean Hog Index edged higher by 7 cents, indicating underlying cash market firmness despite the softer futures tone.
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neutral
Sentiment Score
-0.10
