Lean Hogs Market News and Commentary

Lean Hog futures were mixed on Wednesday, with front months steady to 55 cents lower and deferred contracts higher. The CME Lean Hog Index was down 23 cents from the previous day @ $55.91 on February 11. The USDA pork carcass cutout value was down $1.34 on Wednesday afternoon at an average weighted price of $63.88. The national base cash hog carcass value was up 18 cents in the PM report, with a weighted average of $48.20. USDA estimated FI hog slaughter WTD at 1.361 million head. That is down 62,000 head from the previous week and 33,000 below the same week last year.

Feb 19 Hogs closed at $55.150, down $0.025,

Apr 19 Hogs closed at $59.775, down $0.550

May 19 Hogs closed at $68.675, down $0.200

--provided by Brugler Marketing & Management




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