Lean hog futures closed Tuesday up $0.75–$1.25. USDA reported the national base hog price at $92.77, +$0.82 day-over-day, and the CME Lean Hog Index was $90.87, +$0.13 on March 5. The moves signal modest upward pressure in the hog/pork complex but are unlikely to drive broader market volatility.
Lean hog futures closed Tuesday up $0.75–$1.25. USDA reported the national base hog price at $92.77, +$0.82 day-over-day, and the CME Lean Hog Index was $90.87, +$0.13 on March 5. The moves signal modest upward pressure in the hog/pork complex but are unlikely to drive broader market volatility.
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mildly positive
Sentiment Score
0.20
Ticker Sentiment
