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Barchart
Barchart
Austin Schroeder

Hogs on the Higher Side at Midday on the Shortened Friday Session

Lean hog futures posted Wednesday gains of $1.95 to $2.50 as bulls were catching some pre-Black Friday sales. USDA’s national base hog price was not reported on Friday morning due to light volume. The CME Lean Hog Index was down another 54 cents on November 25 at $82.27.

Export Sales data suggested 28,038 MT of pork sales in the week of 10/16, a 5-week low. Shipments were tallied at a 17-week high of 30,329 MT.

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