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Market Impact: 0.2

Hogs Shift Focus to Wednesday Trade

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & FlowsInvestor Sentiment & Positioning

Lean hog futures finished Tuesday down 20 to 77 cents, while open interest rose by 608 contracts, signaling added positioning into a weaker session. USDA's national base hog price increased to $92.56, up $2.32 from the prior day, partially offsetting the softer CME Lean Hog Index, which was down 18 cents.

Analysis

Lean hog futures finished Tuesday down 20 to 77 cents, while open interest rose by 608 contracts, signaling added positioning into a weaker session. USDA's national base hog price increased to $92.56, up $2.32 from the prior day, partially offsetting the softer CME Lean Hog Index, which was down 18 cents.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15