Lean Hog Futures Rise, But Market Remains Mixed
Update: 2025-12-06
Description
Lean hog futures experienced a mixed week, with nearby contracts gaining between forty cents and one dollar, while the national base hog price dropped. The CME Lean Hog Index showed a slight increase, indicating a nuanced market outlook. Large investors reduced their long positions in lean hog futures and options, signaling a shift in market perception. However, the USDAs pork carcass cutout value rose, and federally inspected hog slaughter increased by 98,210 head compared to the same week last year, suggesting higher production.
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