On Monday, lean hog futures reported gains ranging from 32 to 65 cents. The USDA did not release the national base hog price due to light trading volume, while the CME Lean Hog Index increased by $1.19 to $108.78 as of June 19.
The USDA’s FOB plant pork cutout value rose by 75 cents to $122.89 on Friday. The estimated federally inspected hog slaughter for the week, including Saturday, is projected at 2.365 million head, a decrease from 2.375 million the previous week and down from 2.412 million a year ago. Year-to-date slaughter figures are down 2% compared to 2024.
