Lean hog futures were mostly higher, up 20–60 cents across most contracts, but August was down 1 nickel, indicating mixed momentum. USDA’s national base hog price fell to $100.26, down 40 cents vs. the prior day. Open interest declined by 2,966 contracts, consistent with some shorts covering, but the lower spot/base price tempers the near-term bullish read-through.
Lean hog futures were mostly higher, up 20–60 cents across most contracts, but August was down 1 nickel, indicating mixed momentum. USDA’s national base hog price fell to $100.26, down 40 cents vs. the prior day. Open interest declined by 2,966 contracts, consistent with some shorts covering, but the lower spot/base price tempers the near-term bullish read-through.
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mixed
Sentiment Score
-0.05
