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Lean hog futures finished the last trade day of the week with $0.87 to $1.52 gains. For Feb, that only reduced the week’s loss to $1.12. The National Average Base Hog price for Friday afternoon was 17 cents higher at $51.88. The price in the ECB was shown at $52.51, compared to $51.52 in the WCB. The CME Lean Hog Index fell by 17 cents to $69.43 for 12/05. Weekly CFTC data showed the lean hog spec traders were closing longs and adding shorts during the week that ended 12/5. That left the funds with a 3.4k contract stronger net short of 17,963. The December WASDE increased Q4 2023 pork producti…

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