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Lean hog futures extended gains after a near-term bottom in mid-July, with the CME lean hog index up 39 cents to $108.59 as of July 21. Weekly pork export sales were 17,000 MT, and the Philippines denied lifting tariffs on US pork and other farm goods.
Spillover buying from cattle markets and a firmer index support hog prices, while uncertainty over Philippine tariffs weighs on export demand prospects.
thepigsite.comZachary MintusJul 25, 2025Not 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.
