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Hogs Fall Lower on Tuesday

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & FlowsCompany Fundamentals

Lean hog futures fell 5 to 72 cents on Tuesday, with the April contract steady ahead of Wednesday expiration. USDA’s national base hog price rose to $90.77, up $1.73 day over day, while the CME Lean Hog Index slipped one cent on April, signaling mixed near-term cash and futures signals.

Analysis

Lean hog futures fell 5 to 72 cents on Tuesday, with the April contract steady ahead of Wednesday expiration. USDA’s national base hog price rose to $90.77, up $1.73 day over day, while the CME Lean Hog Index slipped one cent on April, signaling mixed near-term cash and futures signals.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15