Lean Hogs

Lean hog futures settled the Thursday session 12.5 to 52.5 cents higher. The CME Lean Hog Index for 12/26 was down 3 cents to $61.59. The USDA pork carcass cutout value was up $1.01 at $78.03 in the Thursday PM report. The loin was up $2.53 with the belly $6.13 higher as all other cuts were reported lower. The national base hog price was 61 cents higher at $57.95 on Thursday afternoon. The USDA weekly FI hog slaughter was estimated at 1,287,000 head through Thursday. That is down 39,000 head from the same week last year.

Feb 18 Hogs closed at $71.550, up $0.525,

Apr 18 Hogs closed at $75.700, up $0.425

May 18 Hogs closed at $80.075, up $0.175

Market Commentary provided by:

Brugler Marketing & Management LLC
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Phone: 402-697-3623
Fax: 402-289-2353
E-mail: alanb@bruglermktg.com
Web: http://bruglermarketing.com

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