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Barchart
Barchart
Austin Schroeder

Hogs Posting Turnaround Tuesday Gains

Hogs USDA ARE Commitment of Traders

Lean hog futures are trading with 75 to 90 cent gains in the nearbys on Tuesday. USDA’s national base hog price was down $3.09 in the Tuesday morning report at $69.91. The CME Lean Hog Index was up 19 cents on December 12 at $82.99. 

Commitment of Traders data for November 25 showed managed money cutting back another 7,795 contracts from their net long in lean hog futures and options, to a net long of 50,193 contracts.

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