Lean hog futures were up 30 to 70 cents across the front months on Thursday. USDA’s national base hog price was reported at $108.19 on Thursday afternoon, down 61 cents from the day prior. The CME Lean Hog Index was down 23 cents on August 26 at $106.63. 

Export Sales data showed a 9-week high in pork sales at 42,389 MT in the week of 8/21. Mexico was the lead buyer of 26,700 MT, with 3,400 MT sold to Colombian buyers.  Export shipments were tallied at a 16-week low of 25,599 MT. Of that total, 12,600 MT was headed to Mexico, with 2,900 MT to Japan. 

USDA’s FOB plant pork cutout report from Thursday afternoon was down 17 cents at $111.49 per cwt. The picnic and ham primals were the only reported lower. USDA estimated hog slaughter for Thursday at 487,000 head, taking the weekly total to 1.903 million head. That was 3,000 head below last week and down 9,711 head from the same week last year.

Oct 25 Hogs  closed at $94.275, up $0.375,

Dec 25 Hogs  closed at $86.975, up $0.475

Feb 26 Hogs  closed at $89.300, up $0.675,