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Hogs Trading with Gains on Thursday

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & Flows

Lean hog futures are up 15 to 60 cents in the front months, while the CME Lean Hog Index rose 54 cents to $91.05 on April 21. USDA’s national base hog price was not reported Thursday morning, and weekly export sales totaled just 16,127, suggesting a largely routine but supportive tone for the hog complex.

Analysis

Lean hog futures are up 15 to 60 cents in the front months, while the CME Lean Hog Index rose 54 cents to $91.05 on April 21. USDA’s national base hog price was not reported Thursday morning, and weekly export sales totaled just 16,127, suggesting a largely routine but supportive tone for the hog complex.

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