Lean hog futures are mixed at midday, with most contracts within 35 cents of unchanged. USDA’s national base hog price was not reported on Monday morning due to low volume. The CME Lean Hog Index was 50 cents higher on July 15 at $95.10.
The weekly CFTC Commitment of Traders report showed managed money adding another 1,436 contracts to their near net short position in the week of July 14. That took the net short to 30,438 contracts.
