Lean hog futures are rising, with front months increasing by 35 cents to $1.65 ahead of the July 4th Independence Day holiday. The USDA reported a national base hog price of $95.79 on Thursday, down $1.37 from the previous day, while the CME Lean Hog Index rose by 24 cents to $91.48 as of June 30.
In the week ending June 25, weekly exports showed 37,629 metric tons of pork sold for delivery in 2026, a nine-week high, with shipments at 31,796 metric tons, down from the prior week. The USDA’s pork carcass cutout value increased by 53 cents to $96.24, with notable gains in picnic, ham, and belly cuts.
USDA estimated Wednesday’s federally inspected hog slaughter at 474,000 head, bringing the total for the week to 1.392 million head, which is 16,000 head lower than the previous week and 18,964 head below the same week last year.
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