Lean Hog Futures closed with 15 to 40 cent gains in the front months on Wednesday. USDA’s national base hog price was reported at $91.21 on Wednesday afternoon. The CME Lean Hog Index was 18 cents higher on Feb 20 at $88.35.
Pork stocks at the end of January were tallied at 410.4 million lbs, according to the NASS Cold Storage report on Tuesday. That was up 6.05% from last month and 0.77% larger than the same month last year.
