Lean hog futures are down 7 to 50 cents at midday, reflecting modest weakness in the hog market. USDA’s national base hog price edged down 3 cents to $94.47 on Thursday morning, while the CME Lean Hog Index slipped 12 cents to $90.58 on May 26. The move looks like routine price pressure rather than a major fundamental shift.
Lean hog futures are down 7 to 50 cents at midday, reflecting modest weakness in the hog market. USDA’s national base hog price edged down 3 cents to $94.47 on Thursday morning, while the CME Lean Hog Index slipped 12 cents to $90.58 on May 26. The move looks like routine price pressure rather than a major fundamental shift.
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mildly negative
Sentiment Score
-0.15
Ticker Sentiment
