Lean hog futures fell $1.65 to $1.92 across most contracts on Thursday, pressured by thin cash trade that left USDA’s national base hog price unreported. The CME Lean Hog Index edged up 45 cents to $91.00 on May 19, while USDA export sales data showed ongoing pork demand, creating a mixed backdrop for the complex.
Lean hog futures fell $1.65 to $1.92 across most contracts on Thursday, pressured by thin cash trade that left USDA’s national base hog price unreported. The CME Lean Hog Index edged up 45 cents to $91.00 on May 19, while USDA export sales data showed ongoing pork demand, creating a mixed backdrop for the complex.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.20
Ticker Sentiment
