
Lean hog futures are showing continued strength on Friday, with contracts up 87 cents to $1.10. USDA’s national base hog report from Friday AM showed negotiated prices at $100.88, down $4.94. The CME Lean Hog Index was up a nickel on September 3 at $105.97.
Export Sales Data showed pork bookings backing off to 23,711 MT in the week of 8/28, back down from the last week. Shipments were back up from last week at 26,570 MT.