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Market Impact: 0.15

Hogs Look to Monday After Posing Friday Gains

Commodity FuturesFutures & OptionsCompany FundamentalsMarket Technicals & Flows

Lean hog futures rose 25 to 82 cents across most contracts on Friday, while the expiring June contract gained 25 cents. July futures were down $1.35 for the week, and open interest increased by 1,581 contracts on Friday. USDA’s national base hog price was $95.27, down $1.99 from the prior reading, indicating softer cash pricing despite the day’s futures strength.

Analysis

Lean hog futures rose 25 to 82 cents across most contracts on Friday, while the expiring June contract gained 25 cents. July futures were down $1.35 for the week, and open interest increased by 1,581 contracts on Friday. USDA’s national base hog price was $95.27, down $1.99 from the prior reading, indicating softer cash pricing despite the day’s futures strength.

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