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Austin Schroeder at Barchart.com said, “Lean hog futures fell to weakness on Wednesday, with losses of $1.20 to $1.80 at the close. Open interest was down 3,558 contracts on the day, as 10,331 contracts were exiting December. USDA’s national base hog price from Wednesday afternoon was reported at $78.78, down $3.34 from the day prior. The CME Lean Hog Index was down another 34 cents on November 10 at $89.17.”
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“CME Lean Hog Index as of March 26 was 91.18, down 0.28 for the day and down 0.77 versus a week ago,” the Hightower Report said. “This is the …
Austin Schroeder at Barchart.com said, “Lean hog futures saw mixed action on Wednesday, with contracts mostly within a quarter of unchanged. O…
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