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Lean Hogs Feb '22 (HEG22)

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Lean Hogs Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Lean Hogs prices and Lean Hogs futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Thu, Feb 5th, 2026.
Latest price quotes as of [[ snapshotDate ]].
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Looking for expired contracts? Check out our Lean Hogs Historical Prices page.

Lean Hogs Futures Market News and Commentary

Hogs Close with Thursday Losses

Lean hog futures closed with 7 to 70 cent losses across the front months on Thursday. USDA’s national base hog price was reported at $86.58 on Thursday afternoon, down 24 cents from the day prior. The CME Lean Hog Index was 23 cents higher on Feb 3 at $86.06.

The weekly Export Sales report indicated 35,107 MT of pork sold in the week ending on January 29, down 37.3% from last week and 30.7% below the same week last year. Mexico was the top buyer of 13,800 MT, with 5,200 MT sold to China. Export shipments were 37,622 MT in that week, up 4.7% from the same week last year. Mexico took 16,900 MT, with 4,300 MT headed to Japan. 

USDA’s pork carcass cutout value from Thursday afternoon report was $2.27 higher to $95.27 per cwt. The rib was the only primal reported lower, with the belly (+$6.38) leading the way higher. USDA estimated federally inspected hog slaughter on Thursday was 450,000 head, taking the weekly total to 1.903 million head. That was 38,000 head above last wee... Read more

  • Hogs Close with Thursday Losses

    Lean hog futures closed with 7 to 70 cent losses across the front months on Thursday. USDA’s national base hog price was reported at $86.58 on Thursday...

  • Cattle Close with Thursday Losses

    Live cattle rounded out a weaker Thursday session with contracts down $5 to $6.20. The Thursday Fed Cattle Exchange online auction showed no sales on the...

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    Low Cost Options, With Limited Risk

  • Shootin' the Bull about basis

    Basis was destroyed at the opening this morning, pushing all futures contracts into a positive basis and widened the backend out significantly.

  • Cattle Posting Thursday Losses

    Live cattle are falling on Thursday, with contracts down $3.20 to $4.05. The Thursday Fed Cattle Exchange online auction showed no sales on the 1,602 head...

  • Hogs Posting Thursday Losses

    Lean hog futures are trading with 15 to 75 cent losses in the front months on Thursday. USDA’s national base hog price was not reported on Thursday morning...

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