Lean hog futures showed mixed results on Thursday, with front months increasing between 50 cents and $1.70, while deferred contracts fell by 7 to 30 cents. The USDA reported a national base hog price of $95.47, down $1.45 from the prior day. The CME Lean Hog Index rose 24 cents to $91.48 as of June 30. Open interest increased by 2,152 contracts.
In the week ending June 25, weekly export sales data indicated that 37,629 metric tons of pork were sold for 2026, reaching a 9-week high, while shipments totaled 31,796 metric tons, a decline from the previous week. USDA’s pork carcass cutout value rose 35 cents to $96.06, but the loin and rib were the only primals reported as lower. Estimated federally inspected hog slaughter for Thursday was 455,000 head, bringing the week-to-date total to 1.847 million head, which is 27,000 head lower than the previous week and 32,534 head below the same week last year.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
