Group 1 - Lean hog futures are experiencing gains of 50 to 70 cents, with February futures up 7 cents [1] - The USDA's national base hog price was not reported due to no volume, while the CME Lean Hog Index increased by 55 cents to $83.62 on January 22 [1] - Monthly Cold Storage data indicates pork stocks on December 31 were at 390.55 million lbs, a decrease of 1.5% from the previous year, marking the lowest December level since 1997 [1] Group 2 - The USDA's pork carcass cutout value rose by $1.62 to $97.37 per cwt, with all primals reported higher, particularly the rib which increased by $6.52 [2] - Federally inspected hog slaughter for the previous week was estimated at 2.484 million head, which is 139,000 head lower than the prior week but 10,192 head higher than the same week last year [2] - February 26 hogs are priced at $88.275 (down $0.075), April 26 hogs at $96.850 (up $0.675), and May 26 hogs at $100.150 (up $0.600) [2]
Hogs Mostly Higher on Monday
Yahoo Finance·2026-01-26 18:21