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April lean hog futures rose 40 cents to $95.20 on Wednesday, a two-week high, as technical and bargain buying followed a mid-February downdraft. The CME lean hog index rose 18 cents to $88.35.
The US Meat Export Federation welcomed a new US-Indonesia reciprocal trade agreement that is expected to ease access for US beef and pork.
Technical buying lifted hog futures, while the Indonesia deal could open a Southeast Asian outlet for US pork and beef over time. Near-term price direction is driven mainly by sentiment and cash trade.
thepigsite.comPhoenix MintusFeb 28, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
