Lean hog futures posted gains of $1.47 to $1.75 across most contracts on Monday, with front month February up 50 cents. Preliminary open interest was up 4,317 contracts on Monday. USDA’s national base hog price was reported at $82.22 on Monday afternoon, down $1.35 from the day prior. The CME Lean Hog Index was up another 6 cents on Jan 29 at $85.78.
USDA’s pork carcass cutout value from Monday afternoon’s report was $1.48 higher to $95.70 per cwt. The ham was the only primal reported lower. USDA estimated federally inspected hog slaughter on Monday was 461,000 head. That was 35,000 head above last Monday but 15,393 head below the same week last year.
Feb 26 Hogs closed at $87.750, up $0.500,
Apr 26 Hogs closed at $96.625, up $1.475
May 26 Hogs closed at $100.625, up $1.700,
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.
More news from Barchart
- Live and Feeder Cattle Rally on USDA COF Report; Lean Hogs Are Technically Strong
- Cattle and Hogs in Q4 and 2025- What are the Prospects for Q1 2026 and Beyond
- Lean Hogs Are Climbing on the Back of Record-High Beef Prices. How Much Higher Will Prices Go Here?
- Cattle and Hog Prices Have Bottomed Out. Now Get Ready for Upside.
