Lean Hogs Market News and Commentary

Lean Hog futures are mostly 20 to 80 cents higher in most contacts on Friday. The CME Lean Hog Index was down 31 cents from the previous day @ $55.24 on February 13. The USDA pork carcass cutout value was up $2.08 on Friday morning at an average weighted price of $64.84. The often volatile belly primal was up $11.06. The national base cash hog carcass value was down 12 cents in the AM report, with a weighted average of $48.13. USDA estimated FI hog slaughter WTD at 1.831 million head through Thursday. That is down 26,000 head from the previous week and the same week last year.

Apr 19 Hogs are at $59.500, up $0.800,

May 19 Hogs are at $68.350, up $0.650

Jun 19 Hogs are at $76.925, up $0.450

--provided by Brugler Marketing & Management




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