Lean hog futures are bouncing back on Wednesday, with gains of $1.22 to $1.97. USDA’s national base hog price from Wednesday morning was not reported due to low volume. The CME Lean Hog Index was down another 33 cents on November 17 at $86.67.
Pork exports during August were tallied at 542.8 million lbs according to a delayed release of Census trade data this morning. That was the second largest August total on record, 3.1% below last year.
