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Barchart
Barchart
Austin Schroeder

Hog Bulls Look for Follow-Up as Pork Firms, Mostly Higher at Midday

Lean hog futures are mostly higher at midday on Thursday, with nearby August down a nickel as this is writer. Other contracts are up 47 to 87 cents. Lean hog futures posted gains of $1.05 to $2.35 across most contracts on Wednesday, with July up 7 cents on expiration day. USDA’s national base hog price was reported at $100.66 on Wednesday afternoon, up $2.10 from the day prior. The CME Lean Hog Index was 73 cents higher on July 14 at $94.60.

Weekly Export Sales data showed 21,572 MT of pork sold for 2026 in the week ending on 7/9, rebounding from last week. Shipments were pegged at 25,221 MT, a calendar year low.

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