Lean Hog Futures: Mixed Day, Cautious Market
Update: 2025-11-18
Description
Lean Hog Futures: Mixed Day, USDA Reports Increase, Pork Cutout Values DeclineThe lean hog futures market saw a mixed day on Monday, with some contracts gaining up to seven cents while others dropped by twenty cents. The USDA reported a thirty-cent increase in the national base hog price, settling at seventy-six dollars and fourteen cents. The CME Lean Hog Index decreased by eighty-nine cents, indicating caution in the broader market. Pork cutout values declined, with only picnic, rib, and ham primal cuts seeing an increase in value. Hog slaughter numbers remained consistent, with a slight increase compared to the same week last year. December and February hog contracts closed slightly up, while April hogs moved down.
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