Lean hog futures were up 60 cents to $1.90 at Tuesday’s close. USDA’s national base hog price was reported at $113.52 on Tuesday afternoon. The CME Lean Hog Index was down 27 cents at $109.99 on August 1.
Census data converted to a carcass basis showed pork export shipments in June at 551.64 million lbs. That was the third largest for the month on record but a slight 2.3% drop from May.
