Lean hog futures were mixed at the final bell on Thursday, with contracts down $1.50 in August to as much as 30 cents higher in the deferreds. Open interest was down 3,927 contracts. USDA’s national base hog price was reported at $97.05 on Thursday afternoon, down 74 cents from the day prior. The CME Lean Hog Index was 32 cents higher on July 7 at $91.98.
Weekly Export Sales data showed 17,718 MT of pork sold for 2026 in the week ending on 7/2, a 3-week low. Shipments were pegged at 30,183 MT, a 3-week low.
