Lean Hogs Market Commentary

Lean hog futures finished Monday with gains of 80 cents to $1.75. The CME Lean Hog Index was down 29 from the previous day @ $68.99 on October 11. The USDA pork carcass cutout value was $1.46 higher on Monday afternoon report at $81.50. The national base hog carcass value was $1.07 lower at a weighted average of $60.33 this afternoon. FI hog slaughter was estimated at 459,000 head on Monday. That was down 14,000 head from last week but 14,000 head more than the same week last year.

Dec 18 Hogs closed at $56.750, up $1.750,

Feb 19 Hogs closed at $63.900, up $1.675

Apr 19 Hogs closed at $68.850, up $0.925

--Call Brugler Marketing & Management @ (402) 289-2330 with questions or news tips.




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