Hog Bulls Find Footing on Friday, as Pork Sees Strength

Lean hog futures found some strength to close the week, with contracts up 27 cents to $1.25 on Friday. December was still down 90 cents for the week. USDA’s national base hog price was reported at $67.09 on Friday afternoon down $4.61 from the day prior. The CME Lean Hog Index was down another 66 cents on October 14 at $75.09.

Export Sales data showed 36,287 MT of pork sales in the week of October 8 for 2026 shipment. Actual exports were tallied at 32,225 MT in that week, a 3-week low.

Managed money was adding back 6,816 contracts to their net short position in lean hog futures and options as if Tuesday at 42,088 contracts.

USDA’s pork carcass cutout value was back up $3.00 in the Friday PM report, at $80.55. All primals were reported higher. Federally inspected hog slaughter for this week was estimated at 2.553 million head including Saturday. That is 66,000 head below last week and 35,907 head below than the same week last year.

Dec 26 Hogs  closed at $66.925, up $0.350,

Feb 27 Hogs  closed at $69.225, up $0.775

Apr 27 Hogs  closed at $74.675, up $1.250,