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Hogs Look to Thursday After Gains This Week

Barchart
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Lean hog futures rose 15–40 cents in front-month contracts on Wednesday, with April ’26 closing at $96.20 (+$0.40) and June ’26 at $110.175 (+$0.15), driven by net new buying and a 3,285-contract increase in open interest. The USDA’s national base hog price reached $91.21 on Wednesday, while the CME Lean Hog Index climbed 18 cents to $88.35, reflecting tightening supply and steady demand in the pork market. January pork stocks hit 410.4 million lbs, up 6.05% month-over-month and 0.77% year-over-year, per the NASS Cold Storage report, signaling higher inventory levels despite strong recent price gains. USDA’s pork carcass cutout value jumped 67 cents to $97.62 per cwt, with only loin and butt primals declining, as slaughter volumes rose to 492,000 head Wednesday, 31,000 above the prior week. Week-to-date federally inspected hog slaughter totaled 1.458 million head, slightly below last year’s pace but above recent weekly averages, suggesting stable processing activity amid price volatility.
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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 Look to Thursday After Gains This Week February 26, 2026 — 11:29 am EST Written by Austin Schroeder for Barchart-> Lean Hog Futures closed with 15 to 40 cent gains in the front months on Wednesday. Net new buying interest was noted, as OI rose 3,285 contracts. USDA’s national base hog price was reported at $91.21 on Wednesday afternoon. The CME Lean Hog Index was 18 cents higher on Feb 20 at $88.35.Pork stocks at the end of January were tallied at 410.4 million lbs, according to the NASS Cold Storage report on Tuesday. That was up 6.05% from last month and 0.77% larger than the same month last year. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. USDA’s pork carcass cutout value from the Wednesday PM report was up 67 cents at $97.62 per cwt. The loin and butt were the only primals reported lower. USDA estimated federally inspected hog slaughter for Wednesday at 492,000 head, with the week to date total at 1.458 million head. That is 31,000 head above last week and 75 head below the same week last year.Apr 26 Hogs closed at $96.200, up $0.400,May 26 Hogs closed at $100.700, up $0.200Jun 26 Hogs closed at $110.175, up $0.150, 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. 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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