Lean Hog futures pared losses on friendly inventory data. 6/25/26

August Lean Hog futures closed marginally lower, recovering from early session weakness to settle back above the 10-day moving average. Technical indicators reflect a shift from oversold conditions to a more neutral stance, with the RSI climbing to 42%. After the bell, the quarterly Hogs and Pigs report delivered slightly friendly data, as the total inventory of 73.7 million missed trade expectations for a year-over-year increase. Additionally, weekly pork export sales rebounded 63% to 26,300 metric tons, providing further underlying support despite trailing the four-week average.

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