Lean hog futures are trading with contracts down 37 cents to $1.90 at midday. USDA’s national base hog price was not reported on Wednesday morning due to light volume. The CME Lean Hog Index was back up another 13 cents on April 3 at $90.06. 

USDA’s pork carcass cutout value from the Wednesday AM report was down 72 cents at $97.10 per cwt. The loin and butt primals were the only reported higher. USDA estimated Tuesday’s federally inspected hog slaughter at 497,000 head, taking the weekly total to 864,000 head. That was 122,000 head below the previous week and 110,441 head shy of the same week last year.

Apr 26 Hogs  are at $90.400, down $0.375,

May 26 Hogs  are at $96.825, down $1.575

Jun 26 Hogs are at $105.150, down $1.900,

More news from Barchart

• Worried About High Beef and Gasoline Prices? Trade Lean Hogs Here.
• Hog Prices Are Collapsing. 1 Trade to Make Here.
• Where are Meats Heading as the 2026 Grilling Season Approaches?
• Lean Hog Prices Are Falling: Sell When They Hit This Price