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The USDA LM_HG201 swine report lists a weighted average carcass base price of 70.62 dollars per 100 pounds and a weighted average net price of 72.13 dollars. Net lot prices ranged from 59.11 to 87.87 dollars across categories.
Hog pricing levels set the cost of pork production and feed demand for hog operations, so this routine data points to stable hog margins for feed buyers.
After 61 past neutral report events, Lean Hogs moved a median -0.4% over 5 sessions (48% higher; middle half -1.3% to +1.8%), and +2.1% over 20.
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.