Lean hog futures were 12 to 65 cents higher across most nearby contracts on Monday. USDA’s national base hog price was reported at $70.04 on Monday afternoon, down $1.49 from the day prior. The CME Lean Hog Index was down 2 cents on December 4 at $81.81.
Export Sales data showed 30,745 MT of pork sold in the week ending on 11/6. Export Shipments were 31,750 MT, the largest since June.
