Hog Futures Uptick, Base Prices Rise

Lean hog futures and base prices surged, while the CME Lean Hog Index dipped, painting a mixed picture in the hog market. The USDAs pork carcass cutout value rose, with belly prices specifically increasing. Hog slaughter numbers are slightly below last week but above the same period last year, indicating steady production. The hog market is showing upward trends, with fluctuations in various areas.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.