Home Markets News Weather

Lean Hog Futures & Products Firming

« Go Back

Lean Hog futures settled with 42.5 cent to $2.025 gains in most contract on Friday, as Aug was up 4% for the week. There was definitely some new buying interest, with preliminary open interest rising 8,301 contracts on the day. The CME Lean Hog Index was up 17 cents from the previous day on July 16 @ $70.79. The USDA pork carcass cutout value was up another $1.93 at $78.53. The picnic and butt were the only primals lower. The national average base hog value was up 79 cents on Friday at $72.48. Estimated FI hog slaughter last week was 2.303 million head. That was down 107,000 head from the previous week and 75,000 head below the same week last year.

--provided by Brugler Marketing & Management

« Go Back

Real-time Login
     Get Real-time Data
Edit Preferences      Refresh:   On   Off