Lean Hogs

Lean hog futures are currently 70 cents to $1.35 lower at midday. The CME Lean Hog Index was up 77 cents on January 15 at $71.92. The USDA pork carcass cutout value was up 8 cents at $80.79 in the Wednesday morning report. The loin was the only primal reported lower, down $3.07. The national base hog weighted average price was down 49 cents to $69.22 this morning. The USDA FI hog slaughter was estimated at 859,000 through Tuesday, which is 115,000 larger than the same week last year, but 60,000 head lower than last week.

Feb 18 Hogs are at $72.550, down $1.350,

Apr 18 Hogs are at $75.400, down $0.750

May 18 Hogs are at $80.300, down $0.700




Market Commentary provided by:

Brugler Marketing & Management LLC
1908 N. 203rd St.Omaha, NE 68022
Phone: 402-697-3623
Fax: 402-289-2353
E-mail: alanb@bruglermktg.com
Web: http://bruglermarketing.com

Did you know Brugler Marketing & Management has more to offer to you than just this free daily commentary?! Producers just like you rely on our custom research and daily guidance on when and how to market their commodities. Click here to learn more about what we have to offer, or call 402-697-3623. Do it today!


Do you want to know what trades Alan Brugler recommends? Subscribe to Ag Market Professional, and become part of the Brugler client group! Not sure? Ask for a FREE SAMPLE and get two FREE GIFTS! Start here

Want this Ag News delivered to your inbox? Get the FREE Brugler Ag Newsletter, delivered 3 times daily.