Lean hog futures are experiencing losses of $1 to $2.17 as of midday Thursday. The USDA reported a national base hog price of $92.82, down $1.65 from the previous day, while the CME Lean Hog Index increased by 34 cents to $90.92 on May 27.
Export sales data from the USDA indicates pork sales for 2026 totaled 32,874 metric tons for the week ending on May 21, a decline from the prior week. Shipments were recorded at 33,491 metric tons, marking a calendar year low. Additionally, USDA estimated federally inspected hog slaughter for Thursday at 476,000 head, bringing the weekly total to 1.413 million, which is down 24,837 head compared to the same holiday week last year.
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