
Lean hog futures Posted 25 to 35 cent gains across the front months on Friday, with December down 7 cents upon expiration. February was up $2.25 this week. USDA’s national base hog price was down 41 cents in the Friday afternoon report at $71.28. The CME Lean Hog Index was up 41 cents on December 10 at $82.57.
Commitment of Traders data showed a total of 13,524 contracts cut from the net long position as of November 18 to 57,988 contracts.