Lean hog futures are higher by 40 to 57 cents at midday, supported by USDA’s national base hog price at $98.13. The CME Lean Hog Index rose 51 cents on July 17 to $96.16, and USDA’s pork carcass cutout value was up $2 in the morning report, signaling improving near-term fundamentals for the hog complex.
Lean hog futures are higher by 40 to 57 cents at midday, supported by USDA’s national base hog price at $98.13. The CME Lean Hog Index rose 51 cents on July 17 to $96.16, and USDA’s pork carcass cutout value was up $2 in the morning report, signaling improving near-term fundamentals for the hog complex.
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mildly positive
Sentiment Score
0.25
Ticker Sentiment
