Lean hog futures are trading with mixed action on Tuesday, with February down a nickel and other contracts up 25 to 50 cents. USDA’s national base hog price was not reported on Tuesday morning with the 5-day rolling average at $70.92. The CME Lean Hog Index was down another 80 cents on November 21 at $83.61.
Export Sales data for pork in the week ending on October 9 saw 288,676 MT of bookings. That was a 4-week low. Export Shipments were 28,506 MT, back down from the week prior.
