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Barchart
Barchart
Austin Schroeder

Hogs Pop Back Higher on Thursday

USDA Census

Lean hog futures saw a bounce back on the Thursday close, with contracts up 17 cents to $1.20. USDA’s national base hog report from Thursday PM showed negotiated prices at $104.43, down $1.24. The CME Lean Hog Index was steady on September 2 at $105.92. 

Pork exports converted from Census data to a carcass basis were tallied at 551.89 million lbs, the second largest all time for July.

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