Lean hog futures finished mixed late Wednesday, with nearby contracts ranging from up 70 cents to down 75 cents and open interest at 2,640 contracts. USDA’s national base hog price edged up 4 cents to $97.52, while the CME Lean Hog Index was also higher, pointing to a largely steady to slightly firmer cash backdrop despite uneven futures trade.
Lean hog futures finished mixed late Wednesday, with nearby contracts ranging from up 70 cents to down 75 cents and open interest at 2,640 contracts. USDA’s national base hog price edged up 4 cents to $97.52, while the CME Lean Hog Index was also higher, pointing to a largely steady to slightly firmer cash backdrop despite uneven futures trade.
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neutral
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