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Hogs Face Pressure into the Long Weekend

Barchart
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⚡ Quantum Brief
Lean hog futures rose 20–77 cents Thursday, but April contracts fell 42 cents this week, closing at $90.35. The USDA national base price edged up 18 cents to $90.35, while the CME Lean Hog Index dropped 4 cents to $90.41. Pork exports hit a 2026 high of 53,049 metric tons in late March, with Mexico buying 39,100 MT. Shipments also peaked at 39,758 MT, a 5-week high, led by Mexican demand. February pork exports totaled 574.24 million pounds, the fourth-largest on record but down 2.7% from January. USDA’s pork carcass cutout value rose $1.61 to $97.19, though rib and picnic primals declined. Weekly federally inspected hog slaughter reached 1.965 million head, down 11,000 from last week but up 52,761 year-over-year. Markets closed Friday for Good Friday. May and June 2026 hog futures closed lower at $96.00 and $104.475, respectively, reflecting ongoing price pressure ahead of the long weekend.
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AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks Hogs Face Pressure into the Long Weekend April 02, 2026 — 08:55 pm EDT Written by Austin Schroeder for Barchart-> Lean hog futures were 20 to 77 cents higher on Thursday, as April slipped 42 cents this week. USDA’s national base hog price was reported at $90.35 on Thursday afternoon, up 18 cents from the day prior. The CME Lean Hog Index was down another 4 cents on March 31 at $90.41. The market is closed on Friday in observance of Good Friday. USDA’s Export Sales report indicated 53,049 MT of pork sold in the week of 3/26, the largest for the calendar year. Mexico was the buyer of 39,100 MT, with 3,300 MT sold to Japan. Shipments were 39,758 MT in that week, a 5-week high. The top destination was Mexico at 17,500 MT, with 5,200 MT headed to Japan. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. Monthly trade data from Census converted to a carcass basis showed pork exports at 574.24 million lbs. That was the 4th largest on record for February and down 2.7% from January.USDA’s pork carcass cutout value from the Thursday PM report was up $1.61 at $97.19 per cwt. The rib and picnic primals were the only reported lower. USDA estimated Thursday’s federally inspected hog slaughter at 493,000 head, with the week to date total at 1.965 million head. That is 11,000 head below last week and 52,761 head larger than the same week last year.Apr 26 Hogs closed at $90.350, down $0.575,May 26 Hogs closed at $96.000, down $0.775Jun 26 Hogs closed at $104.475, down $0.700, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. More news from Barchart Hog Prices Are Collapsing. 1 Trade to Make Here. Where are Meats Heading as the 2026 Grilling Season Approaches?

Lean Hog Prices Are Falling: Sell When They Hit This Price Cattle Prices Show Resilience While Hog Prices Fade: What to Watch This Week The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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