Lean hog futures are trading mixed, with gains of up to 30 cents and losses of up to 20 cents in the nearby contracts. The USDA’s national base hog price from Friday morning was not reported due to light volume. Meanwhile, the CME Lean Hog Index declined by another 55 cents on October 22, settling at $93.63.
The USDA’s pork carcass cutout value from the Friday morning report rebounded, rising $2.95 to reach $102.66 per hundredweight (cwt). The picnic was the only primal cut reported lower in the latest data.
USDA estimated federally inspected hog slaughter on Wednesday at 486,000 head. The weekly total stands at 1.958 million head, which is down 2,000 head from the previous week but 10,624 head above the same period last year.
**Lean Hog Futures Prices (as of December 2025):**
– Dec 25 Hogs: $82.075, up $0.300
– Feb 26 Hogs: $84.325, down $0.025
– Apr 26 Hogs: $88.775, down $0.200
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*On the date of publication, Austin Schroeder did not hold positions, directly or indirectly, in any of the securities mentioned in this article. All information provided is for informational purposes only. For more, please see the Barchart Disclosure Policy.*
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*The views and opinions expressed are those of the author and do not necessarily reflect the views of Nasdaq, Inc.*
https://www.nasdaq.com/articles/hogs-trading-mixed-midday-0