Lean hog futures closed on Thursday at $1.42, down 95 cents, with the USDA’s national base hog price reported at $98.30, a decrease of 71 cents from the prior day. The CME Lean Hog Index also fell, dropping 22 cents to $96.95 on August 4.
In the week ending July 30, weekly export sales data revealed 27,335 metric tons of pork sold for 2026, marking a three-week low. Mexico purchased the majority at 16,500 metric tons, followed by Japan at 3,500 metric tons. Shipments totaled 28,069 metric tons, also a three-week low, with key destinations being Mexico at 13,100 metric tons and Japan at 4,200 metric tons.
USDA’s pork carcass cutout value decreased by $1.79 to $99.26. Federally inspected hog slaughter for Thursday totaled 482,000 head, bringing the weekly total to 1.862 million head—54,000 above the previous week and 25,831 more than the same week last year.
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