Lean hog futures are rallying on Friday with contracts up 45 cents to $1.10 at midday. USDA’s national base hog price was reported at $70.35 on Friday morning, down $2.06 from the day prior. The CME Lean Hog Index was down another 66 cents on October 14 at $75.09.
Export Sales data showed 36,287 MT of pork sales in the week of October 8 for 2026 shipment. Actual exports were tallied at 32,225 MT in that week, a 3-week low.