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Lean hog futures traded 5 cents to $1 lower on Tuesday, March 31. USDA's national base hog price was $90.37, and the pork cutout fell $1.25 to $96.32 per cwt.
Federally inspected slaughter for Monday was estimated at 496,000 head.
Lower cash hog and cutout values reduce near-term returns for hog producers and feed buyers. The moves are routine day-to-day price action without a new supply or demand shock.
barchart.comAustin SchroederMar 31, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
