Hogs Extending Slide Lower on Thursday

Lean hog futures are showing losses of a tick to 35 cents in the front months on Thursday. USDA’s national base hog price was up $1.53 from the day prior in the Thursday AM report at $66.48. The CME Lean Hog Index was down another 20 cents on October 20 at $72.82.

Export Sales data showed 37,475 MT of pork sales in the week of October 15 for 2026 shipment. Actual exports were tallied at 32,740 MT in that week.

USDA’s pork carcass cutout value was back up $1.85 in the Thursday morning report, at $76.35. The butt and picnic primals were the only reported lower. Federally inspected hog slaughter for Wednesday was estimated at 495,000 head, with the weekly total at 1.459 million head. That is 14,000 head below last week and 360 head above of the same week last year, as Tuesday was revised 5,000 head lower.

Dec 26 Hogs  are at $65.700, down $0.025,

Feb 27 Hogs  are at $67.675, down $0.250

Apr 27 Hogs are at $72.350, down $0.350,