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Barchart.com reports hat lean hog futures bulls still can’t find their footing. Prices were down $.27 to $1.35 on Thursday. Nearby June was helped by convergence heading into expiration. The CME Lean Hog Index was up 6 cents at $91.38 on June 11. USDA showed the National Base Hog weighted average price at $86.87 on Thursday, down 72 cents from the previous day. This morning's Export Sales report showed 30,122 mt of pork in the week ending on June 6, up from the week prior. Exports were tallied at 32,797 mt, a 12 week low.
