Today: 18 March 2026
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SGX:JMH 4 February 2026

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  • Lean Hog Futures Drop Amid Lower Primal Prices and Reduced Slaughter Numbers
    March 18, 2026, 3:23 PM EDT. Lean hog futures declined by 22 to 55 cents on Wednesday, with April, May, and June contracts all slipping. The U.S. Department of Agriculture (USDA) did not report the national base hog price due to low trading volume. Meanwhile, the CME Lean Hog Index rose modestly by 10 cents to $91.86 on March 16. Pork carcass cutout values edged up 7 cents to $99.96 per hundredweight, but key primal cuts including loin, picnic, and ham saw price declines. USDA estimated Tuesday's federally inspected hog slaughter at 496,000 head, down 91,000 from last week but up over 91,000 compared to last year. The weekly slaughter total stood at 889,000 head. Market dynamics suggest cautious sentiment despite mixed value signals from carcass pricing and slaughter data.
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