---
title: "Hogs Look to Monday Trade"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285966912.md"
description: "Lean hog futures closed mixed last week, with prices fluctuating between a 75-cent drop and a 67-cent increase. The USDA reported a national base hog price of $93.77, up $3.07 from the previous day. The CME Lean Hog Index decreased by 17 cents to $91.02. Open interest rose by 3,290 contracts, while the net long position in lean hog futures fell by 6,483 contracts to 51,082. USDA's pork carcass cutout value increased by $1.96 to $97.56 per cwt, with slaughter numbers up from last week and last year."
datetime: "2026-05-11T15:25:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285966912.md)
  - [en](https://longbridge.com/en/news/285966912.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285966912.md)
---

# Hogs Look to Monday Trade

Lean hog futures were mixed to close last week, with contracts down 75 cents to 67 cents higher across the board. June was $2.65 lower on the week. Open interest was up 3,290 contracts on Friday. USDA’s national base hog price was reported at $93.77 on Friday afternoon, up $3.07 from the day prior. The CME Lean Hog Index was back down 17 cents on May 6 at $91.02.

Commitment of Traders data showed a total of 6,483 cut from the managed money net long position in lean hog futures and options as of Tuesday. That took the net long to 51,082 contracts.

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USDA’s pork carcass cutout value from the Friday PM report was up $1.96 at $97.56 per cwt. The picnic primal was the only reported lower. USDA estimated federally inspected hog slaughter for the week at 2.446 million head. That is up 4,000 head from the previous week and 18,415 head above the same week last year.

May 26 Hogs closed at $90.875, down $0.625,

Jun 26 Hogs closed at $98.625, down $0.750

Jul 26 Hogs closed at $103.200, up $0.250,

_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._

More news from Barchart

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-   April’s Top Performers and Underperformers
-   Grilling Season Is Almost Here, and Lean Hog Prices Should Keep Climbing. 1 Trade to Make Here.
-   Lean Hogs Might Not Stand a Chance Against the Bears: When to Sell

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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