Lean hog futures were mixed, with front months rallying 50 cents to $1.70, as deferreds were down 7 to 30 cents. July was up 92 cents last week. Open interest in Thursday was up 2,152 contracts. USDA’s national base hog price was reported at $95.47 on Thursday morning, down $1.45 from the day prior. The CME Lean Hog Index was back up 24 cents on June 30 at $91.48.
Weekly Export Sales data showed 37,629 MT of pork sold for 2026 in the week ending on June 25, that was a 9-week high. Shipments were pegged at 31,796 MT, back down from the week prior.