Hogs Close Mixed on Tuesday

Lean hog futures finished mixed, with the June contract up 37 cents while other contracts fell $1.12. USDA’s national base hog price was not reported Tuesday afternoon because of low volume, and the CME Lean Hog Index slipped 19 cents to $90.88 on May 21. The update is largely routine and reflects thin cash-market activity rather than a major fundamental shift.

Analysis

Lean hog futures finished mixed, with the June contract up 37 cents while other contracts fell $1.12. USDA’s national base hog price was not reported Tuesday afternoon because of low volume, and the CME Lean Hog Index slipped 19 cents to $90.88 on May 21. The update is largely routine and reflects thin cash-market activity rather than a major fundamental shift.