# Hogs Close Out Last Week Mixed - IBest Media

> Lean hog futures closed the week mixed, with contracts down 55 cents to up 25 cents. The national base hog price fell $3.07 on Friday, while the CME Lean Hog Index was $84.07. Managed money kept adding to its net long position, and the pork cutout rose $1.11.

- Date: 2024-09-30 · published 2024-09-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/28471-hogs-close-out-last-week-mixed-ibest-media
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Mixed closes and a falling cash base price suggest limited direction for hog prices, though the rising cutout and managed-money buying offer some support.

## Read by commodity

- HOGS: neutral

## Sources

- ibestmedia.com: https://www.ibestmedia.com/post/49415.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.