Lean hog futures are posting $1.87 to $2.87 losses across most contracts at midday. USDA’s national base hog price was reported at $100.52 on Thursday morning, down $1.13 from the day prior. The CME Lean Hog Index was another 10 cents higher on July 28 at $98.45.
Weekly Export Sales data showed 35,264 MT of pork sold for 2026 in the week ending on 7/23, a 4-week high. Shipments were pegged at 32,264 MT, the a 7-week high.