Lean Hog Futures closed with 15 to 40 cent gains in the front months on Wednesday. USDA’s national base hog price was reported at $91.21 on Wednesday afternoon. The CME Lean Hog Index was 18 cents higher on Feb 20 at $88.35.
Pork stocks at the end of January were tallied at 410.4 million lbs, according to the NASS Cold Storage report on Tuesday. That was up 6.05% from last month and 0.77% larger than the same month last year.
USDA’s pork carcass cutout value from the Wednesday PM report was up 67 cents at $97.62 per cwt. The loin and butt were the only primals reported lower. USDA estimated federally inspected hog slaughter for Wednesday at 492,000 head, with the week to date total at 1.458 million head. That is 31,000 head above last week and 75 head below the same week last year.
Apr 26 Hogs closed at $96.200, up $0.400,
May 26 Hogs closed at $100.700, up $0.200
Jun 26 Hogs closed at $110.175, up $0.150,
On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
More news from Barchart
- How Much Lower Will Lean Hog Prices Go? 1 Trade to Make Here.
- Cattle, Hog Bulls Still Have an Edge. What Needs to Happen for Prices to Keep Climbing.
- Live and Feeder Cattle Rally on USDA COF Report; Lean Hogs Are Technically Strong
- Cattle and Hogs in Q4 and 2025- What are the Prospects for Q1 2026 and Beyond
