Lean hog futures saw mixed trade on Thursday, with contracts down 40 cents to 70 cents higher. Open interest was up 3,128 contracts. USDA’s national base hog price was reported at $97.26 on Thursday afternoon, down 26 cents from the day prior. The CME Lean Hog Index was up 16 cents on June 9 at $92.92.
Export Sales data from USDA showed pork sales for 2026 at 23,504 MT for the week ending on 6/4, the third lowest for the year. Shipments were tallied at 34,199 MT, a 3-week high.