Lean hog futures fell by 20 cents to $1.70 across most contracts, with open interest down 2,487 contracts, signaling weaker near-term positioning. Despite the futures weakness, USDA’s national base hog price rose to $97.37, up $1.56 from the prior day (CME Lean Hog Index down a nickel on Aug. 11).
Lean hog futures fell by 20 cents to $1.70 across most contracts, with open interest down 2,487 contracts, signaling weaker near-term positioning. Despite the futures weakness, USDA’s national base hog price rose to $97.37, up $1.56 from the prior day (CME Lean Hog Index down a nickel on Aug. 11).
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25
