Lean hog futures are trading with gains of a nickel to 30 cents across most contracts on Thursday. USDA’s national base hog price was up $2.48 from the previous day, at $111.82 this morning. The CME Lean Hog Index was up a dime at $110.51 on July 29.
Export Sales for pork totaled 17,003 MT in the week ending on 7/24, which was a 6-week low. Shipments were tallied at 27,573 MT, back up from the week prior.
