Lean Hog Futures are slipping back 2 to 35 cents at midday. USDA’s national base hog price was reported at $90.97 on Thursday morning, down 88 cents from the day prior. The CME Lean Hog Index was 36 cents higher on Feb 24 at $88.71.
Export Sales for the week ending on February 19 were tallied at 42,611 MT, which was the second largest for the calendar year. Shipments were 41,092 MT, the largest since April 2024.
