Lean hog futures experienced steady trading on Thursday, with some contracts rising by 5 cents. The USDA did not report the national base hog price due to low trading volume, while the CME Lean Hog Index increased by 9 cents to $91.19 as of May 5.
USDA export sales data indicated pork sales for 2026 totaled 30,843 metric tons for the week ending April 30, with shipments reaching a nine-week high of 40,369 metric tons. Additionally, the USDA’s pork carcass cutout value rose by $1.35 to $96.45 per hundredweight, with federally inspected hog slaughter at 488,000 head on Wednesday, bringing the weekly total to 1.455 million head—down 6,000 from the previous week but up by 17,778 head compared to the same week last year.
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