Hog Market Sees Mixed Signals
Update: 2025-12-05
Description
Lean hog futures closed higher on Thursday, with contracts gaining between fifty-seven cents and one dollar and five cents. The USDAs national base hog price also rose, reaching seventy-two dollars and sixty-five cents. However, the USDAs Export Sales report showed a decline in pork bookings, totaling twenty-eight thousand five hundred twenty-six metric tons, a twenty-six and a half percent decrease from the previous week. The pork carcass cutout value decreased by sixty-nine cents, with picnic and ham cuts being the only ones to report higher prices. Despite this, hog futures are seeing upward movement due to increased slaughter numbers, which reached one million nine hundred forty-three thousand head, ten thousand one hundred twenty-seven head more than the same week last year.
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