Lean Hog Futures Surge, Despite Slow Export Sales
Update: 2025-11-28
Description
Lean hog futures surged on Wednesday, hinting at a positive outlook potentially driven by early holiday shopping trends. However, the USDA didnt release its national base hog price due to low trading volume. The CME Lean Hog Index continued its downward trend, despite the futures gains. Export sales for pork hit a five-week low, but shipments reached a seventeen-week high, indicating faster fulfillment of existing orders. The USDAs pork carcass cutout value increased slightly, with December, February, and April hog futures also seeing gains.
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