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Barchart
Barchart
Austin Schroeder

EXPLAINED: Hogs looks to round out the week | Rare Historical Photos

Lean hog futures posted Thursday losses of 7 to 50 cents across the board on Thursday. Open interest was up 3,505 contracts. USDA’s national base hog price was down $1.22 from the day prior in the Thursday PM report at $66.48. The CME Lean Hog Index was down another 20 cents on October 20 at $72.82.

Export Sales data showed 37,475 MT of pork sales in the week of October 15 for 2026 shipment. Mexico was the buyer of 11,800 MT, with 7,500 MT sold to South Korea. Actual exports were tallied at 32,740 MT in that week, with 15,300 MT headed to Mexico.

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