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Lean Hogs Oct '23 (HEV23)

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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, Jun 25th, 2026.
Latest price quotes as of [[ snapshotDate ]].
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Lean Hogs Futures Market News and Commentary

Hogs Holding Mixed on Wednesday

Lean hog futures closed Wednesday with mixed trade, with front months down 30 to 52 cents and deferred contracts 10 to 40 cents higher. USDA’s national base hog price was reported at $95.56 on Wednesday afternoon, down $1.70 from the day prior. The CME Lean Hog Index was back down 17 cents on June 22 at $91.47

USDA will release their quarterly Hogs and Pigs report on Thursday, with a Reuters survey of analysts looking for June 1 hog inventory up 0.9% from last year. Hogs kept for breeding are seen down 0.7%, with market hog inventory seen up 1.1%. The March-May pig crop is expected to be up 1.2%, with farrowings seen down 0.2%. 

USDA’s pork carcass cutout value from the Wednesday PM report was down $1.39 at $93.86 per cwt. The rib and ham primals were the only reported higher. USDA estimated federally inspected hog slaughter for Wednesday at 487,000 head, taking the weekly total to 1.429 million head. That was up 14,000 head from last week and 27,357 head above the same... Read more

Veterinarian standing next to a pig pen by dusanpetkovic via iStock
Hogs Holding Mixed on Wednesday

Lean hog futures closed Wednesday with mixed trade, with front months down 30 to 52 cents and deferred contracts 10 to 40 cents higher. USDA’s national...

Cows grazing on sunny day by littlewolf1989 via Adobe Stock
Cattle Rally on Wednesday

Live cattle futures were 52 cents to $1.32 higher on Wednesday. Cash trade saw some light $260 live and $408 dressed in the north on Wednesday. The Wednesday...

Cattle by Penny via Pixabay
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Pig with dirt on snout ear tagged by Lidija Zivic via iStock
Hogs Holding Mixed on Wednesday

Lean hog futures are trading with mixed Wednesday action, as nearbys continue to be weaker, down 15 to 20 cents and defereds up as much as 70 cents. USDA’s...

Brown and white cow with ear tag by Clara Bastian via iStock
Cattle Rally Resuming on Wednesday

Live cattle futures are up $1.45 to $1.72 so far on Wednesday. Cash trade has yet to develop this week, as sales came in at $258-260 last week. The Wednesday...

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