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Austin Schroeder

THE TRUTH ABOUT: Hogs look to close out the week kmspfohm - The Untold Story

Lean hog futures were mixed at the final bell on Thursday, with contracts down $1.50 in August to as much as 30 cents higher in the deferreds. Open interest was down 3,927 contracts. USDA’s national base hog price was reported at $97.05 on Thursday afternoon, down 74 cents from the day prior. The CME Lean Hog Index was 32 cents higher on July 7 at $91.98.

Weekly Export Sales data showed 17,718 MT of pork sold for 2026 in the week ending on 7/2, a 3-week low. Shipments were pegged at 30,183 MT, a 3-week low.

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