
Lean hog futures are up 60 to 70 cents across most contracts on Thursday. USDA’s national base hog price from Thursday morning was reported at $72.24. The CME Lean Hog Index was down another 40 cents on November 18 at $86.27.
Weekly export sales data showed 32,705 MT in the week of October 2, a drop from the previous week. Shipments were 29,209 MT in that week.