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Hogs Slipping Lower on Monday

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⚡ Quantum Brief
Lean hog futures declined 25 to 50 cents across most contracts at midday Monday, reflecting weakening market sentiment. The April 2026 contract dropped 45 cents to $95.275, while May and June contracts also fell. The USDA’s national base hog price went unreported Monday due to insufficient trading volume, signaling reduced market activity. However, the CME Lean Hog Index rose 32 cents to $89.44 on February 26. Managed money net long positions in lean hog futures and options increased by 522 contracts to 116,983, per CFTC data, suggesting lingering bullish bets despite Monday’s dip. USDA’s pork carcass cutout value climbed $1.86 to $99.63 per cwt, with only ham primal prices declining. Weekly federally inspected hog slaughter reached 2.516 million head, up 23,000 from prior week. Slaughter numbers remained 9,170 head below the same week last year, indicating potential supply constraints amid mixed demand signals.
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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 Monday March 02, 2026 — 04:18 pm EST Written by Austin Schroeder for Barchart-> Lean hog futures are posting 25 to 50 cent losses across most contracts at midday. USDA’s national base hog price was not reported on Monday morning due to low volume. The CME Lean Hog Index was 32 cents higher on Feb 26 at $89.44.CFTC data showed a total of 522 contracts added to the managed money net long position in lean hog futures and options at 116,983 contracts. 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 Monday AM report was up $1.86 at $99.63 per cwt. The ham primal was the only reported lower. USDA estimated federally inspected hog slaughter for last week at 2.516 million head. That is 23,000 head above last week and 9,170 head below the same week last year.Apr 26 Hogs are at $95.275, down $0.450,May 26 Hogs are at $99.875, down $0.250Jun 26 Hogs are at $109.275, down $0.275, 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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