Hog Futures Drop, Pork Stocks Low
Update: 2025-12-25
Description
Lean hog futures fluctuated ahead of the holiday, with USDAs base hog price unreported due to thin trading. The CME Lean Hog Index inched up a penny. Inventory rose slightly, with market hogs increasing and breeding hogs decreasing. Cold storage pork stocks hit a 25-year low. Pork carcass cutout values dropped, with bellies plummeting. February hogs closed down, with April and May following suit. Traders anticipate a steady open Friday amid low stocks and bigger inventories.
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