Lean hog futures rose 17 to 42 cents at Tuesday’s close, while USDA’s national base hog price increased to $100.22 (+$1.33 day-over-day). The CME Lean Hog Index was up 51 cents to $96.16 (July 17), indicating strengthening pork margins/carcass economics into the cutout.
Lean hog futures rose 17 to 42 cents at Tuesday’s close, while USDA’s national base hog price increased to $100.22 (+$1.33 day-over-day). The CME Lean Hog Index was up 51 cents to $96.16 (July 17), indicating strengthening pork margins/carcass economics into the cutout.
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mildly positive
Sentiment Score
0.20