After gaining triple digits through midday, lean hog futures went home mixed on Thursday. April and the fall months held for limited gains on the day, while summer hogs closed 20 to 50 cents weaker. The National Average Base Hog price was $100.30 on Thursday afternoon, down by 72 cents. CME’s 4/4 Lean Hog Index was $101.66, down by another 75 cents.   Â
Weekly FAS pork export sales activity showed 41,249 MT of pork was sold. That was the most since the week of Feb 24 and was up 23% yr/yr. Mexico and China were the largest buyers from the week, each with over 13k MT booked. USDA reported 29,034 MT of pork was exported during the week, that left the YTD total at 379,536 MT.Â
Pork cutout futures closed with 12 to 52 cent losses, save for July’s nickel gain. USDA’s National Pork Carcass Cutout Value was quoted as $103.11, down by $1.26. Federally inspected hog slaughter was 1.887 million head through Thursday. That is down from 1.914m head last week.Â
Apr 22 Hogs  closed at $99.050, up $0.300,
May 22 Hogs  closed at $108.325, down $0.200
Apr 22 Pork Cutout  closed at $105.150, down $0.250,
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