Lean hog futures are up a nickel to 45 cents in the front months on Monday. USDA’s national base hog price was reported at $90.32 on Monday morning, down 28 cents from the day prior. The CME Lean Hog Index was up another penny on April 23 at $91.44.
Cold Storage data from Friday showed March 31 pork stocks at 411.28 million lbs, which was a 0.44% increase from a year ago and 2.09% above last year.
