Hogs Rallying on Friday

Lean hog futures are rallying on Friday, with contracts up $1 tp $1.97 in the nearby contracts. USDA’s national base hog price was reported at $42.26 on Friday morning, down 8 cents from the day prior. The CME Lean Hog Index was down $1 on November 11 at $58.78.

Export Sales data showed 39,485 MT of pork sales in the week of November 5 for 2026 shipment, back up from last week. Actual exports were tallied at 36,504 MT in that week.

USDA’s pork carcass cutout value was up $3.17 in the Friday morning report, at $72.31. The loin was the only primal reported lower. Federally inspected hog slaughter on Thursday was estimated at 487,000 head, taking the weekly total to 1.918 million head after a 22,000 head lower revision to Wednesday. That was 59,000 head below last week and 8,205 head larger than the same week last year.

Dec 26 Hogs  are at $56.150, up $1.000,

Feb 27 Hogs  are at $62.100, up $1.100

Apr 27 Hogs are at $68.800, up $1.975,

On the date of publication, Austin Schroeder did not directly have a position 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.