Lean hog futures posted losses of 62 cents to $1.67 at the Friday close, with June slipping 62 cents on the week. USDA’s national base hog price was reported at $92.64 on Friday morning, down 61 cents from the day prior. The CME Lean Hog Index was back up 10 cents on April 28 at $91.41.
USDA’s APHIS confirmed cases of pseudorabies in a small commercial hog herd in IA on Thursday, the first case detected since 2004. The boars that had the confirmed positive test had originated from an outdoor facility in TX.
