Hogs Popping Higher on Friday, with Pork Finally Getting Some Bids

Lean hog futures are rallying on Friday with contracts up 45 cents to $1.10 at midday. USDA’s national base hog price was reported at $70.35 on Friday morning, down $2.06 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.

USDA’s pork carcass cutout value was back up $5.12 in the Friday AM report, at $82.67. All primals were reported higher. Federally inspected hog slaughter for Thursday was estimated at 498,000 head, with the weekly total at 1.971 million head after a 5,000 head revisions lower to Wednesday. That is 4,000 head below last week and 1114,504 head larger than the same week last year.

Dec 26 Hogs  are at $67.025, up $0.450,

Feb 27 Hogs  are at $69.300, up $0.850

Apr 27 Hogs are at $74.525, up $1.100,

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.