Hogs Rounding Out the Week with Gains

Hogs Rounding Out the Week with Gains reports a rally in lean hog futures ahead of the July 4 holiday. Front-month contracts were up 35 cents to $1.65, while USDA’s national base hog price stood at $95.79 Thursday morning, down $1.37 from the day prior. The CME Lean Hog Index rose 24 cents on June 30 to $91.48. The market will observe the July 4 Independence Day holiday on Friday for a three-day weekend. Weekly export sales totaled 37,629 metric tons of pork for 2026 in the week ending June 25, a nine-week high, while shipments were 31,796 MT, down from the previous week. USDA reported a pork carcass cutout value of $96.24, up 53 cents. Federally inspected hog slaughter for Wednesday was estimated at 474,000 head, with year-to-date weekly totals reaching 1.392 million head, slightly below prior periods. Price points cited included Jul 26 at $93.925, Aug 26 at $98.700, and Oct 26 at $81.875.