Lean hog futures posted 30 to 70 cent losses on Thursday. Open interest dropped 672 contracts. USDA’s national base hog price was reported at $95.66 on Thursday PM, up $1.30 from the day prior. The CME Lean Hog Index was up 60 cents on June 2 at $92.25.
Export Sales data from USDA showed pork sales for 2026 at 38,937 MT for the week ending on 5/28, a 5-week high. Shipments were tallied at 30,282 MT, a calendar year low.
