Lean hog futures finished Wednesday up 25 cents to $1.85, supported by a higher USDA national base hog price of $93.25, up 69 cents day over day. The CME Lean Hog Index dipped 7 cents to $91.19 on April 27, indicating only a modest pullback in the broader cash/index benchmark. Overall the tone is firmer for hog futures, though the move appears incremental rather than market-moving.
Lean hog futures finished Wednesday up 25 cents to $1.85, supported by a higher USDA national base hog price of $93.25, up 69 cents day over day. The CME Lean Hog Index dipped 7 cents to $91.19 on April 27, indicating only a modest pullback in the broader cash/index benchmark. Overall the tone is firmer for hog futures, though the move appears incremental rather than market-moving.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.15
Ticker Sentiment
