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Barchart
Barchart
Austin Schroeder

Hogs Slipping Back on Monday’s Midday

USDA

Lean hog futures are trading with contracts 17 to 32 cents lower on Monday. USDA’s national base hog price was reported at $71.99 on Monday morning, up $1.64 from the day prior. The CME Lean Hog Index was down another $1.64 on October 15 at $74.19.

Managed money was adding back 6,816 contracts to their net short position in lean hog futures and options as if Tuesday at 42,088 contracts.

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