Hogs Look to New Week

Lean hog futures fell 12 cents to $1.32 across the board on Friday, although June still finished up 12 cents for the week. Open interest declined by 692 contracts, while USDA's national base hog price slipped $1.80 day over day to $91.52. The move points to modest near-term pressure in lean hogs, but the report is routine and likely limited in broader market impact.

Analysis

Lean hog futures fell 12 cents to $1.32 across the board on Friday, although June still finished up 12 cents for the week. Open interest declined by 692 contracts, while USDA's national base hog price slipped $1.80 day over day to $91.52. The move points to modest near-term pressure in lean hogs, but the report is routine and likely limited in broader market impact.