Lean hog futures are trading with 50 cent to $1 gains at midday. USDA’s national base hog price was reported at $72.08 on Thursday morning, up $3.07 from the day prior. The CME Lean Hog Index was back up 6 cents on December 2 at $81.67.
USDA’s Export Sales report showed 28,526 MT of pork bookings in the week of October 31, down 26.5% from the week prior. Export shipments were 31,203 MT, slightly below the week prior.
