Lean hog futures posted mixed action on Tuesday, with contracts down 20 to 45 cents higher. USDA’s national base hog price was reported at $73.25 in the Tuesday PM print. The CME Lean Hog Index was down another $1.20 on November 21 at $83.61.
Export Sales data for pork in the week ending on October 9 saw 288,676 MT of bookings. That was a 4-week low. Export Shipments were 28,506 MT, back down from the week prior.
