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Austin Schroeder

Hogs Look to Friday Trade

Lean hog futures posted mixed trade, with front months down 22 to 50 cents and deferreds steady to 97 cents higher. Open interest was up 4,655 contracts, suggesting new modest selling. USDA’s national base hog price was reported at $76.93 on Thursday, down 79 cents from the day prior. The CME Lean Hog Index was up a penny on September 29 at $80.95.

Export Sales data showed 35,288 MT of pork sales in the week of September 24 for 2026 shipment. Actual exports were tallied at 34,768 MT in that week, a 20-week high.

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