Lean hog futures fell 60 cents to $2.15 on Thursday, reflecting near-term pressure in the hog market. USDA’s national base hog price slipped 18 cents to $93.58 on thin trade, even as the CME Lean Hog Index rose 45 cents on May 19. The divergence suggests mixed cash and futures signals, but the tone remains slightly bearish.
Lean hog futures fell 60 cents to $2.15 on Thursday, reflecting near-term pressure in the hog market. USDA’s national base hog price slipped 18 cents to $93.58 on thin trade, even as the CME Lean Hog Index rose 45 cents on May 19. The divergence suggests mixed cash and futures signals, but the tone remains slightly bearish.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.20
