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Market Impact: 0.2

Hogs Slip Lower into Thursday’s Close

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & Flows

Lean hog futures fell 45 cents to $1.35 in the front months, while USDA’s national base hog price slipped $2.19 to $93.32 on Thursday afternoon. The CME Lean Hog Index edged up 26 cents to $90.74 on May 12, leaving the tone mixed but with near-term pressure on futures and cash prices.

Analysis

Lean hog futures fell 45 cents to $1.35 in the front months, while USDA’s national base hog price slipped $2.19 to $93.32 on Thursday afternoon. The CME Lean Hog Index edged up 26 cents to $90.74 on May 12, leaving the tone mixed but with near-term pressure on futures and cash prices.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25