Lean hog futures are mixed so far on Monday, with contracts down 82 to 22 cents higher. USDA’s national base hog report from Monday morning showed no price action on low volume. The CME Lean Hog Index was back down a nickel on September 4 at $105.92.
Managed money spec traders increased their large net long position and lean hog futures and options by 9,849 contracts as of Tuesday, taking it to 123,891 contracts.
