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Market Impact: 0.2

Hogs See Mixed Monday Action

Commodity FuturesFutures & OptionsMarket Technicals & FlowsInvestor Sentiment & PositioningCommodities & Raw Materials

Lean hog futures rose 10 to 82 cents in the front months on Monday, while deferred contracts were steady to 27 cents lower. USDA’s national base hog price increased to $92.13, up $1.85 from the prior day, and open interest fell by 11,962 contracts, indicating lighter positioning. The article is a routine market update with modestly supportive price action.

Analysis

Lean hog futures rose 10 to 82 cents in the front months on Monday, while deferred contracts were steady to 27 cents lower. USDA’s national base hog price increased to $92.13, up $1.85 from the prior day, and open interest fell by 11,962 contracts, indicating lighter positioning. The article is a routine market update with modestly supportive price action.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.15