Lean hog futures saw steady trade to 15 cent gains in the nearbys on Thursday. USDA’s national base hog report from Thursday afternoon was reported at $105.60, down $1.11 from the day prior. The CME Lean Hog Index was down 14 cents on September 16 at $105.86.
Pork export business in the week ending on September 11 totaled 21,992 MT, which was above last week. The top buyer was Japan at 6,600 MT, with 6,200 MT sold to Mexico. Shipments were tallied at 29,396 MT, a 10-week high. The too destination was Mexico at 14,500 MT, with 4,100 MT headed to Japan.
