
Lean hog futures are trading with gains of a tick to 82 cents at midday. USDA’s national base hog report showed negotiated price was reported at $105.82, up 17 cents in the Thursday AM report. The CME Lean Hog Index was steady on September 2 at $105.92.
Pork export converted from Census data to a carcass basis were tallied at 551.89 million lbs, the second largest all time for July.