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Hogs Face Continued Weakness on Monday

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & Flows

Lean hog futures fell 32 cents to $1.55 at Monday’s close, while the USDA national base hog price rose $1.90 day over day to $94.44. The CME Lean Hog Index edged down 11 cents to $91.30 on April 30, indicating mixed near-term price signals in the hog market.

Analysis

Lean hog futures fell 32 cents to $1.55 at Monday’s close, while the USDA national base hog price rose $1.90 day over day to $94.44. The CME Lean Hog Index edged down 11 cents to $91.30 on April 30, indicating mixed near-term price signals in the hog market.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15