Lean hog futures were 5 to 27 cents higher in the front months on Thursday, with December and beyond, down 12 to 32 cents. Open interest was up 1,010 contracts on Thursday. July was still down $2.42 last week. USDA’s national base hog price was reported at $93.91 on Friday afternoon, down $3.28 from the previous day. The CME Lean Hog Index was back up a penny on June 17 at $92.44.
Export Sales data from USDA showed pork sales for 2026 at 16,123 MT for the week ending on 6/11, a new calendar year low. Shipments were tallied at 29,962 MT, the lowest weekly shipment total for 2026.
