On Thursday, June 15, lean hog futures rose by 5 to 27 cents in the front months while December and later contracts declined by 12 to 32 cents. The USDA reported a national base hog price of $97.19, down 56 cents from the previous day. The CME Lean Hog Index increased by 50 cents to $92.43 as of June 16. The market will be closed on Friday in observance of Juneteenth.
USDA’s export sales data showed pork sales of 16,123 MT for the week ending June 11, marking a new low for 2026, with total shipments at 29,962 MT, also the lowest for the year. Additionally, USDA reported a pork carcass cutout value of $93.71 per cwt, which is down $1.06, primarily driven by declines in picnic and belly primals. Federally inspected hog slaughter was estimated at 483,000 head on Thursday, bringing the week-to-date total to 1.898 million head, up 19,000 head from last week and 19,820 head compared to the same week last year.
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