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Barchart
Barchart
Austin Schroeder

Hogs Rally on Thursday

USDA

Lean hog futures posted Thursday gains of $1.07 to $1.65 at the close. USDA’s national base hog price was reported at $69.37 on Thursday afternoon, down $3.24 from the day prior. The CME Lean Hog Index was down 29 cents on Jan 6 at $81.25. 

A USDA Export Sales report from this morning showed 27,700 MT of pork sold in the week that ended on January 1. Mexico was the largest buyer of 12,800 MT, with 8,700 MT sold to Japan. Shipments were 25,750 MT for 2025 and 394 MT for 2026.

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