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Market Impact: 0.2

Hogs Extend Rebound on Thursday

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & Flows

Lean hog futures finished Thursday 20 to 82 cents higher, with the CME Lean Hog Index up 54 cents to $91.05 on April 21. USDA’s national base hog price was not reported due to thinner volume, while weekly export sales data were also referenced but not detailed in the text. The update is modestly supportive for hog futures, though the overall market impact appears limited.

Analysis

Lean hog futures finished Thursday 20 to 82 cents higher, with the CME Lean Hog Index up 54 cents to $91.05 on April 21. USDA’s national base hog price was not reported due to thinner volume, while weekly export sales data were also referenced but not detailed in the text. The update is modestly supportive for hog futures, though the overall market impact appears limited.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.15