Lean hog futures closed mixed on Friday, with contracts ranging from 62 cents higher to 72 cents lower, while June was down $3 for the week. USDA’s national base hog price slipped 35 cents to $93.23 in the Friday PM report, though the CME Lean Hog Index rose 45 cents. The data points to a mildly softer tone in hog pricing despite some firmness in the index.
Lean hog futures closed mixed on Friday, with contracts ranging from 62 cents higher to 72 cents lower, while June was down $3 for the week. USDA’s national base hog price slipped 35 cents to $93.23 in the Friday PM report, though the CME Lean Hog Index rose 45 cents. The data points to a mildly softer tone in hog pricing despite some firmness in the index.
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