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Hogs Mixed at Midday

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Lean hog futures are down 15 cent in expiring Feb, with other front months up 37 to 77 cents. The CME Lean Hog Index for 2/12 was down $0.62 to $56.70. USDA’s Pork Carcass Cutout value was 17 cents lower on Friday morning, at $62.93 cwt. USDA’s National Average Base Hog price was $1.23 higher this morning to $49.87. USDA estimated weekly FI hog slaughter through Thursday at 1.967 million head, which is 14,000 below last week but out paces the same week last year by 149,000 head.

FEB 19 Hogs are at $55.850, down $0.150,

APR 19 Hogs are at $64.850, up $0.775

MAY 20 Hogs are at $73.225, up $0.375

---provided by Brugler Marketing & Management

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