Lean Hogs Market News and Commentary

Lean Hog futures are trading 35 cents to $1.90 lower in most contracts at midday. The CME Lean Hog Index was UNCH from the previous day @ $84.59 on May 17. The USDA pork carcass cutout value was up 32 cents at $86.85 on Tuesday morning. The national average base hog was 28 cents lower on Tuesday, at an average weighted price of $80.74. Estimated FI hog slaughter was 472,000 head for Monday. That was 12,000 head above the previous week and 14,000 above the same day last year.

Jun 19 Hogs are at $90.250, down $1.500,

Jul 19 Hogs are at $91.225, down $1.775

Aug 19 Hogs are at $92.550, down $1.900

--provided by Brugler Marketing & Management




Market Commentary provided by:

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