<div id="readability-page-1" class="page"><div> Lean hog futures posted 65 cent to $1.80 gains on Tuesday. Open interest suggested net new buying, up 2,508 contracts. USDA’s national base hog price was not reported on Tuesday afternoon due to packer submission issues. The CME Lean Hog Index was back down 27 cents on May 1 at $91.03.Monthly trade data from Census converted to a carcass basis showed pork exports at 678.14 million lbs. That was the 3rd largest on record for March and up 18.1% from February. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.USDA’s pork carcass cutout value from the Tuesday PM report was down $1.39 at $95.97 per cwt. The rib primal was the only reported higher. USDA estimated federally inspected hog slaughter for Tuesday at 488,000 head, with the weekly total at 967,000. That is up 5,000 head from the previous week and 4,175 head above the same week last year.May 26 Hogs closed at $92.800, up $1.175,Jun 26 Hogs closed at $101.425, up $1.675Jul 26 Hogs closed at $103.525, up $1.700, 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 <ul> <li>April’s Top Performers and Underperformers</li> <li>Grilling Season Is Almost Here, and Lean Hog Prices Should Keep Climbing. 1 Trade to Make Here.</li> <li>Lean Hogs Might Not Stand a Chance Against the Bears: When to Sell</li> <li>Worried About High Beef and Gasoline Prices? Trade Lean Hogs Here.</li> </ul> The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. </div></div>

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Lean hog futures saw gains of 65 cents to $1.80 on Tuesday, with open interest indicating new buying activity. The USDA's national base hog price was not reported due to submission issues. Pork exports reached 678.14 million lbs in March, marking an 18.1% increase from February. The CME Lean Hog Index fell by 27 cents to $91.03. The USDA reported a pork carcass cutout value decrease of $1.39 to $95.97 per cwt. Estimated hog slaughter for Tuesday was 488,000 head, bringing the weekly total to 967,000, up from the previous week.

Hogs Look to Wednesday Following Tuesday Recovery