Lean hog futures are trading with 15 to 75 cent losses in the front months on Thursday. USDA’s national base hog price was not reported on Thursday morning due to light volume. The CME Lean Hog Index was 23 cents higher on Feb 3 at $86.06.
The weekly Export Sales report indicated 35,107 MT of pork sold in the week ending on January 29, down 37.3% from last week and 30.7% below the same week last year. Export shipments were 37,622 MT in that week, up 4.7% from the same week last year.
