
Lean hog futures are posting 30 to 40 cent gains across most contracts on Thursday. USDA’s national base hog report from Thursday morning was reported at $106.57, up 32 cents from the day prior. The CME Lean Hog Index was down 14 cents on September 16 at $105.86.
Pork export business in the week ending on September 11 totaled 21,992 MT, which was above last week. Shipments were tallied at 29,396 MT, a 10-week high.