Hogs Getting a Thursday Bounce

Lean hog futures are showing gains of 7 cents to $1.45 at midday on Thursday. USDA’s national base hog price was reported at $63.06 in the Thursday AM report, up $7.24 from the day prior. The CME Lean Hog Index was down $1.06 on October 27 at $68.30.

Export Sales data showed 42,278 MT of pork sales in the week of October 22 for 2026 shipment. That was a 26-week high. Actual exports were tallied at 37,637 MT in that week, the largest since April.

USDA’s pork carcass cutout value was down $1.39 in the Thursday morning report, at $71.06. The belly primal was the only reported lower. Federally inspected hog slaughter for Wednesday was estimated 490,000 head, with the week to date total at 1.467 million head. That was 13,000 head above last week after a 12,000 head lower revision to Monday and 7,465 head above of the same week last year.

Dec 26 Hogs  are at $60.050, up $1.450,

Feb 27 Hogs  are at $64.500, up $0.325

Apr 27 Hogs are at $70.700, up $0.075,