Hogs Extend Rally to Friday’s Close

Pig feeding from trough in pen by Yuliya Sidorova via Istock

Austin Schroeder

Sat, February 21, 2026 at 7:21 AM GMT+9 1 min read

Lean hog futures were up another 20 to 75 cents on Friday, as the bounce this week saw April rally $2.40. USDA’s national base hog price was reported at $88.96 on Friday afternoon, down $2.08 from the day prior. The CME Lean Hog Index was 40 cents higher on Feb 18 at $87.59.

USDA tallied 27,255 MT of pork sold in the week of 2/12, a 5-week low. Mexico was the largest buyer of 9,200 MT, with 5,600 MT to Japan. Export shipments were a total of 35,653 MT, the lowest for the calendar year. The largest destination was Mexico at 17,200 MT, with 4,200 MT to Japan.

More News from Barchart

Coffee Prices Retreat as the Global Supply Outlook Improves

Coffee Prices Pressured as the Global Supply Outlook Improves

3 Steps to a Simple Trading System

Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now!

Managed money cut 16,820 contracts from their large net long position in the week of 2/17, with the net long at 116,461 contracts.

USDA’s pork carcass cutout value from the Friday PM report was 67 cents lower at $95.61 per cwt. The rib and belly primals were the only reported higher. USDA estimated federally inspected hog slaughter for this week at 2.516 million head. That was 19,000 head below last week but 14,671 head shy of the same week last year.

Apr 26 Hogs  closed at $93.675, up $0.225,

May 26 Hogs  closed at $98.275, up $0.525

Jun 26 Hogs  closed at $107.825, up $0.650,

_ 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. This article was originally published on Barchart.com _

Terms and Privacy Policy

Privacy Dashboard

More Info