Lean hog futures are mixed at midday, with contracts within 50 cents of unchanged. USDA’s national base hog price was not reported on Monday morning due to light volume. The CME Lean Hog Index was back down 23 cents on June 25 at $91.55.
Commitment of Traders data tallied managed money at a net short of 25,560 contracts as of June 23 in lean hog futures and options, an increase of 4,601 contracts.