Hogs Extend Losses as Cash Weakness Continues

Lean hog futures are extending their slide, as contracts are $2.50 to $3.22 lower at midday. USDA’s national base hog price was reported at $40.29 in the Thursday morning report, down $1.21 from the day prior. The CME Lean Hog Index was down another $1.06 on November 3 at $63.93....