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Market Impact: 0.18

Hogs Look to Start June Trade on Monday

Commodity FuturesFutures & OptionsMarket Technicals & FlowsCompany Fundamentals

Lean hog futures fell 80 cents to $2.62 at the close, though June was still up just 10 cents on the week. USDA’s national base hog price eased to $93.23 on Friday afternoon, down 41 cents from the prior day, while open interest increased by 830 contracts, indicating added positioning in a weaker tone for the hog market.

Analysis

Lean hog futures fell 80 cents to $2.62 at the close, though June was still up just 10 cents on the week. USDA’s national base hog price eased to $93.23 on Friday afternoon, down 41 cents from the prior day, while open interest increased by 830 contracts, indicating added positioning in a weaker tone for the hog market.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.18