
Lean hog futures are down 42 cents in the expiring May contract, with others down $1.00 to $1.30 at midday. USDA’s national base hog price was not reported on Thursday morning, due to light volume. The CME Lean Hog Index was back up 26 cents on May 12 at $90.74.
Export Sales data from USDA showed pork sales for 2026 at 20,960 MT for the week ending on 5/7, a 3-week low. Shipments were tallied at 35,175 MT, back down from the week prior.