Lean hog futures saw losses of 25 cents to $1.27 in the front months on Thursday, with the deferreds mixed. USDA’s national base hog price was reported at $92.34 in the Thursday PM report, up 24 cents from the day prior. The CME Lean Hog Index was down another 82 cents on August 18 at $93.96.
Weekly Export Sales data showed 27,275 MT of pork sold for 2026 in the week ending on August 13, a 5-week low. Mexico was the buyer of 10,700 MT, with 3,500 MT sold to South Korea. Shipments were pegged at 27,820 MT, also a 5-week low. The lead destination was Mexico at 13,000 MT, with 3,200 MT destined for Japan.
