Lean hog futures are 20 to 55 cents higher across most contracts on Tuesday. USDA’s national base hog price was reported at $99.43 on Tuesday morning. The CME Lean Hog Index was down 55 cents on July 31 at $97.68.
Pork exports converted from Census data to a carcass basis showed June shipments a 540.19 million lbs. That was a 3.2% drop from last year and 10.3% below May.
