Lean hog futures are down another 77 cents to $1.50 at midday. USDA’s national base hog price was reported at $92.16 on Thursday morning, down 89 cents from the day prior. The CME Lean Hog Index was another 23 cents higher on March 10 at $91.20.
The weekly USDA Export Sales report showed 23,723 MT of pork sold in the week ending on March 5, the lowest this calendar year. Weekly shipments were 38,897 MT, which was up from the week prior.
