Lean hog futures are down 10 cents on Thursday, with other contracts showing 20 to 40 cent midday gains. USDA’s national base hog price was reported at $107.34 in the Thursday AM report, down $2.50 from the day prior. The CME Lean Hog Index was down 49 cents at $108.57 on August 19.
This morning’s Export Sales report showed a total of 19,210 MT in pork sales during the week ending on August 14. Shipments were back up to a 5-week high at 28,558 MT.
