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Barchart
Barchart
Austin Schroeder

Hogs Slopping Back Ahead of USDA Data Release

Lean hog futures slipped lower into the Wednesday close, with contracts 15 to 67 cents lower, as October was up 60 points. Open interest was up 2,122 contracts across the board. USDA’s national base hog price was $79.01 in the Thursday morning report, down 32 cents from the day prior. The CME Lean Hog Index was down another 45 cents on September 22 at $82.47.

Export Sales data showed 35,323 MT of pork sales in the week of September 17 for 2026 shipment. Actual exports were tallied at 32,092 MT in that week, an 8-week high.

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