Lean hog futures are in rally mode ahead of the long weekend, as front months are up 35 cents to $1.65. USDA’s national base hog price was reported at $95.79 on Thursday morning, down 66 $1.37 from the day prior. The CME Lean Hog Index was back up 24 cents on June 30 at $91.48. The market will observe the July 4th Independence Day Holiday on Friday, for a 3-day weekend.
Weekly Export Sales data showed 37,629 MT of pork sold for 2026 in the week ending on June 25, that was a 9-week high. Shipments were pegged at 31,796 MT, back down from the week prior.
