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Market Impact: 0.18
Hogs Holding Steady on Tuesday
Source: Nasdaq
Commodities & Raw MaterialsEnergy Markets & PricesCommodity FuturesMarket Technicals & Flows
CME lean hog futures in the front months were mixed midday, ranging from +$0.10 to -$0.05 per contract. USDA’s national base hog price rose to $89.64, up $0.99 day-over-day, while the CME Lean Hog Index fell another $0.66. Overall, hog price signals are divergent, limiting directional conviction for the sector.
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