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Barchart
Austin Schroeder

RARE PHOTOS: Hogs hold onto gains on friday - The Real Truth

USDA

Lean hog futures saw steady to 50 cent gains on Friday, with August slipped $3.35 on the week. USDA’s national base hog price was reported at $97.67 on Friday afternoon, down 63 cents from the day prior. The CME Lean Hog Index was down 29 cents on August 4 at $96.66.

The weekly CFTC Commitment of Traders report showed managed money trimming 1,242 contracts from their net short position in the week of August 4. That took the net short to 9,642 contracts.

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