Lean hog futures are 75 to 85 cents higher in the front months on Tuesday. USDA’s national base hog price was not reported on Tuesday mornind due to packer submission issues. The CME Lean Hog Index was back down 27 cents on May 1 at $91.03.
Monthly trade data from Census converted to a carcass basis showed pork exports at 678.14 million lbs. That was the 3rd largest on record for March and up 18.1% from February.
