Lean Hogs Market News and Commentary

Lean Hog futures are down 65 cents to $1.80 at the moment. The CME Lean Hog Index was up 26 cents from the previous day @ $58.33 on January 21. The USDA pork carcass cutout value was down 8 cents on Wednesday morning at an average weighted price of $69.55. The national base cash hog carcass value was down 3 cents in the AM report, with a weighted average of $52.06. USDA FI hog slaughter was estimated at 876,000 head through Tuesday, which is 67,000 below the previous week but 35,000 head larger than this time last year.

Feb 19 Hogs are at $60.750, down $0.725,

Apr 19 Hogs are at $64.300, down $1.800

May 19 Hogs are at $70.675, down $1.350

--provided by Brugler Marketing & Management

Market Commentary provided by:

Brugler Marketing & Management LLC
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