Hogs Bounce on Thursday, as Pork Prices Fall to 3+ Year Low

Lean hog futures found some strength, despite continued pork weakness, with contracts up 35 to 60 cents at the close. USDA’s national base hog price was reported at $71.70 on Thursday afternoon, up $2.56 from the day prior. The CME Lean Hog Index was down another 19 cents on October...