Hogs Firmly Mixed at Midday

Through midday for Friday, lean hog futures are firm. Prices are within 12 cents of UNCH for the front months, save a 40 cent drop in October. The CME Lean Hog Index for September 16 was up another $1.42 to $67.84. USDA’s National Average Base Hog price Friday AM fell back $2 to $60.51. USDA’s National Pork Carcass Cutout value was $88.19 in the AM update, up by $1.16. The primal cuts were mostly higher, with picnics down $2.42 and bellies up $6.65. USDA estimates WTD hog slaughter is at 1.940 million head, down 14,000 from the same week last year. Carcass weights are coming in line with year ago.

Oct 20 Hogs are at $66.550, up $0.025,

Dec 20 Hogs are at $63.225, down $0.400

Feb 21 Hogs are at $68.225, up $0.025

--- provided by Brugler Marketing & Management




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