Lean Hogs Market News and Commentary

Lean Hog futures are mixed on Tuesday with front month Feb up 20 cents and back months lower. The CME Lean Hog Index was up 87 cents from the previous day @ $54.50 on January 4. The USDA pork carcass cutout value was up a quarter on Tuesday morning at an average weighted price of $70.81. The national base cash hog carcass value was 45 cents higher in the AM report, with a weighted average of $49.47. Monday’s FI hog slaughter was estimated at 480,000 head, which was 22,000 head larger than the same Monday last year.

Feb 19 Hogs are at $62.100, up $0.200,

Apr 19 Hogs are at $65.700, down $0.675

May 19 Hogs are at $72.650, down $0.275

--provided by Brugler Marketing & Management




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