Lean hog futures closed mostly higher on Friday, up 25 cents to $1.37, while August gained $2.65 for the week. USDA’s national base hog price was $99.32, down 94 cents day-over-day, indicating mixed near-term fundamentals despite firmer futures. Overall, the move looks incremental rather than a major market-wide shock.
Lean hog futures closed mostly higher on Friday, up 25 cents to $1.37, while August gained $2.65 for the week. USDA’s national base hog price was $99.32, down 94 cents day-over-day, indicating mixed near-term fundamentals despite firmer futures. Overall, the move looks incremental rather than a major market-wide shock.
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neutral
Sentiment Score
-0.05
