Lean Hogs Market News and Commentary
BRUG - Tue Jan 22, 5:11PM CST

Lean Hog futures were mixed on Tuesday, with most contracts steady to 70 cents higher and April down 17.5 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 down $1.20 on Tuesday afternoon at an average weighted price of $69.63. The belly was the only primal reported lower, down $9.45. The national base cash hog carcass value was down 15 cents in the PM report, with a weighted average of $52.20. 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 closed at $61.475, up $0.250,

Apr 19 Hogs closed at $66.100, down $0.175

May 19 Hogs closed at $72.025, unch,

--provided by Brugler Marketing & Management




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