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Lean Hogs Jun '24 (HEM24)

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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 Mon, May 27th, 2024.
Latest price quotes as of [[ snapshotDate ]].
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
Looking for expired contracts? Check out our Lean Hogs Historical Prices page.

Lean Hogs Futures Market News and Commentary

Hogs Leak Lower into Weekend

Lean hogs were hanging around UNCH at midday, but tipped lower into the close.  Changes for the day were 25 lower to 2 cents higher. USDA’s National Average Base Hog negotiated price was reported at $86.84 in the Friday PM report, a drop of $1.63 on the week. The CME Lean Hog Index was down another 5 cents on May 22 at $91.77. 

The monthly Cold Storage report showed some building of pork stocks in during April, up 1.19% on the month at 501.279 million lbs. That was down 11.66% from a year ago, compared to the 13.26% yr/yr drop at the end of March.

USDA’s National Pork Carcass Cutout Value was back up 45 cents in the Friday afternoon print at $99.14. The belly was down $2.64, with the loin 20 cents lower and rib down 45 cents. All other primals were reported higher. USDA estimated Friday’s federally inspected hog slaughter at 451,000 head, with the WTD total at 2.373 million head through Saturday. That is down 31,000 head from the week prior but 17,942 head above the same... Read more

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