Lean hog futures closed out the Thursday session with contracts down a dime to $1.05. Preliminary open curiosity was up 2,799 contracts on Thursday USDA’s nationwide base hog value was reported at $111.22 on Thursday afternoon, slipping $2.55 from the day prior. The CME Lean Hog Index was again up 4 cents at $109.60 on August 5.
Export Gross sales information confirmed a complete of 30,996 MT of pork offered for 2025 within the week of July 31, a 5-week excessive. Export shipments have been tallied at 28,181 MT in that week, the best out of the final 3.
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USDA’s FOB plant pork cutout report from Thursday PM was up $1.11 at $116.33 per cwt. The picnic and butt have been reported weaker, with the remainder greater. USDA estimated hog slaughter at 465,000 head for Thursday, taking the week’s whole to 1.837 million head. That was 7,000 head under final week and up 2,427 head from the identical week final 12 months.
Aug 25 Hogs closed at $108.775, down $0.100,
Oct 25 Hogs closed at $90.925, down $1.050
Dec 25 Hogs closed at $83.800, down $0.725,
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