Lean Hogs Market News and Commentary
BRUG - Tue Jan 22, 12:13PM CST

Lean Hog futures are mixed at midday, with nearby Feb up 25 cents. The CME Lean Hog Index was down 9 cents from the previous day @ $58.07 on January 18. The USDA pork carcass cutout value was up 74 cents on Tuesday morning at an average weighted price of $71.57. The national base cash hog carcass value was down 15 cents in the AM report, with a weighted average of $52.20. Monday FI hog slaughter was estimated at 406,000 head, which is 57,000 below the week but 18,000 head larger than this time last year.

Feb 19 Hogs are at $61.475, up $0.250,

Apr 19 Hogs are at $65.700, down $0.575

May 19 Hogs are at $71.675, down $0.350

--provided by Brugler Marketing & Management

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