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Market Impact: 0.2

Hogs Post Losses on Wednesday

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & Flows

Lean hog futures fell 57 cents to $1.72 at Wednesday’s close, while USDA’s national base hog price slipped 86 cents to $94.59. The CME Lean Hog Index edged up 7 cents to $91.10 on May 4, creating a mixed but slightly weaker near-term pricing picture for hog markets.

Analysis

Lean hog futures fell 57 cents to $1.72 at Wednesday’s close, while USDA’s national base hog price slipped 86 cents to $94.59. The CME Lean Hog Index edged up 7 cents to $91.10 on May 4, creating a mixed but slightly weaker near-term pricing picture for hog markets.

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mildly negative

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