Hogs Slightly Lower on Wednesday

Lean Hog are steady to 35 cents lower in most contracts on Wednesday. The CME Lean Hog Index was down 22 cents from the previous day @ $84.37 on May 20. The USDA pork carcass cutout value was down 64 cents at $86.43 on Wednesday morning. The national average base hog was down $1.49 on Wednesday, at an average weighted price of $79.34. This week’s estimated FI hog slaughter is 942,000 head through Tuesday. That was 21,000 head above the previous week and 23,000 above the same week last year.

Jun 19 Hogs closed at $89.800, down $0.300,

Jul 19 Hogs closed at $91.300, down $0.075

Aug 19 Hogs closed at $92.225, down $0.250

--provided by Brugler Marketing & Management




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