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Austin Schroeder

Hogs Slipping Lower at Midday

Hogs ARE USDA Export Sales

Lean hog futures are trading with 5 to 30 cent midday losses on Friday. USDA’s national base hog price was reported at $80.86 on Friday morning. The CME Lean Hog Index was up another 67 cents on Jan 21 at $83.07. 

Export Sales data showed 33,249 MT of pork sold in the week ending on January 15. Shipments were at 39,223 MT during that week.

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