**Lean hog futures experienced losses between $1.87 and $2.87 across most contracts at midday on Thursday. The USDA reported a national base hog price of $100.52, down $1.13 from the previous day, while the CME Lean Hog Index increased by 10 cents to $98.45 as of July 28.**
**In the week ending July 23, weekly export sales data indicated 35,264 MT of pork sold for 2026, marking a four-week high, with shipments totaling 32,264 MT—a seven-week high. Additionally, the USDA reported a pork carcass cutout value at $102.39, up 61 cents, although rib and ham primals saw price decreases. The estimated federally inspected hog slaughter for Wednesday was 471,000 head, bringing the week’s total to 1.353 million head, which is 27,000 head below the previous week and nearly 27,000 head lower than the same week last year.**
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