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Lean hog futures were mixed on Thursday, with February down 25 cents and deferred contracts slightly higher. USDA's national base hog price fell $1.90 to $84.38, and pork cutout dropped $1.62 to $93.43.
Weekly slaughter was 56,348 head below the same week last year, and pork sales to Mexico and China were reported.
Lower slaughter and steady export sales support hog prices, while the cutout decline signals softer packer demand. Price action remains mixed across contracts.
barchart.comAustin SchroederJan 30, 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.
