Hog Futures Show Mixed Results, But Overall Optimism

Lean hog futures see mixed results, with December contracts down slightly, but other contracts for later months showing gains. USDA reports national base hog price drop, while CME Lean Hog Index increases. Pork carcass cutout value decreases, but key cuts like loin, butt, and belly see price increases. High hog processing numbers indicate a busy period for producers. February and April hog contracts show optimistic outlook for prices in the coming months.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.