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
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Phone: 402-697-3623
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