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Hogs Slipping Lower on Friday

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⚡ Quantum Brief
Lean hog futures declined 30 to 65 cents in front-month contracts on March 21, 2026, with April contracts dropping to $91.425, down $0.625. The downturn reflects short-term bearish pressure despite mixed fundamentals. USDA’s national base hog price stood at $91.29 Friday morning, while the CME Lean Hog Index rose 11 cents to $92.04 as of March 18. The divergence suggests lagging cash markets may soon align with futures. Pork carcass cutout values surged $2.84 to $100.89 per cwt, with all primal cuts higher, signaling strong wholesale demand. This contrasts with slipping futures, hinting at potential near-term volatility. Weekly federally inspected hog slaughter reached 1.879 million head, down 89,000 from the prior week but up 78,103 year-over-year. Supply adjustments may influence price direction in coming sessions. May and June contracts also fell, settling at $95.700 and $104.425, respectively. Analysts debate whether the pullback marks a correction or the start of a broader downtrend.
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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 Slipping Lower on Friday March 21, 2026 — 08:11 am EDT Written by Austin Schroeder for Barchart-> Lean hog futures are trading with 30 to 65 cents lower in the front months on Friday. USDA’s national base hog price was reported at $91.29 on Friday morning. The CME Lean Hog Index was another 11 cents higher on March 18 at $92.04.USDA’s pork carcass cutout value from the Friday AM report was back up $2.84 at $100.89 per cwt. All primals were reported higher. USDA estimated the Thursday federally inspected hog slaughter at 492,000 head, with the weekly total at 1.879 million head. That is 89,000 head below last week and 78,103 head above the same week last year. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. Apr 26 Hogs are at $91.425, down $0.625,May 26 Hogs are at $95.700, down $0.350Jun 26 Hogs are at $104.425, down $0.325, 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 How Much Lower Will Lean Hog Prices Go Here?

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What You Need to Watch Next. Cattle, Hog Bulls Still Have an Edge. What Needs to Happen for Prices to Keep Climbing. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags Stocks Barchart With headquarters in the heart of Chicago's financial district, Barchart has been an industry-leader since 1995 when we launched Barchart.com as one of the first websites for commodities and futures market data. Since then, we have evolved into a global financial technology leader providing market data and services to the global financial, media, and commodity industries. More articles by this source-> More Related Articles This data feed is not available at this time. Data is currently not available • Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.

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