Lean hog futures were under pressure on Thursday, with contracts down 60 cents to $2.15. Open interest suggested a rotation of ownership, down just 47 contracts. USDA’s national base hog price was reported at $93.58 on Thursday afternoon, down 18 cents from the day prior due to thin trade. The CME Lean Hog Index was up 45 cents on May 19 at $91.00. The CME will be closed on Monday for Memorial Day, with the Tuesday session showing a normal open.
Export Sales data from USDA showed pork sales for 2026 at 31,561 MT for the week ending on 5/14, a 3-week high. Shipments were tallied at 34,297 MT, a calendar year low.
