Hog Traders Look to Round Out Week

Lean hog futures posted gains on Thursday, with contracts up $1.67 to $1.85 in the nearbys. Preliminary open interest was up 6,551 contracts. USDA’s national average base hog negotiated price was reported at $94.79 on Thursday afternoon, up $1.18 from the week prior. The CME Lean Hog Index was up...