Lean hog futures were down $2.05 to $3 across the board on Thursday. Open interest was down 7,202 contracts. USDA’s national base hog price was reported at $101.05 on Thursday afternoon, down 74 cents from the day prior. The CME Lean Hog Index was another 10 cents higher on July 28 at $98.45.
Weekly Export Sales data showed 35,264 MT of pork sold for 2026 in the week ending on 7/23, a 4-week high. Shipments were pegged at 32,264 MT, the a 7-week high.
