Lean Hogs Market News and Commentary

Lean Hog futures were a nickel to 52.5 cents lower in most contracts on Monday. The CME Lean Hog Index was up 38 cents from the previous day @ $53.63 on January 3. The USDA pork carcass cutout value was up 86 cents on Monday afternoon at an average weighted price of $70.56. The belly primal was up $5.00. The national base cash hog carcass value was 67 cents higher in the PM report, with a weighted average of $48.87. Monday’s FI hog slaughter was estimated at 480,000 head, which was 22,000 head larger than the same Monday last year.

--provided by Brugler Marketing & Management




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