Hogs Are Down at Fridays Midday

Lean Hog futures are down $0.52 to $1.40 on Friday at midday. The CME Lean Hog Index was up 89 cents to $58.72 on Oct 2. The USDA pork carcass cutout value was up 48 cents to $75.84 on Friday at midday. The national average base hog value was 93 cents lower at $49.02 on Friday. FI week to date estimated hog slaughter is ahead of last year’s pace by 5.2% at 1.957 million head. Census pork exports during August totaled 508.59 million lbs after converting to USDA numbers. That was a record for August but 6.2% lower than July.

OCT 19 Hogs are at $61.900, down $0.525,

DEC 19 Hogs are at $66.700, down $1.400

FEB 20 Hogs are at $73.900, down $1.400

-- provided by Brugler Marketing & Management

Market Commentary provided by:

Brugler Marketing & Management LLC
1908 N. 203rd St.Omaha, NE 68022
Phone: 402-697-3623
Fax: 402-289-2353
E-mail: alanb@bruglermktg.com
Web: http://bruglermarketing.com

Did you know Brugler Marketing & Management has more to offer to you than just this free daily commentary?! Producers just like you rely on our custom research and daily guidance on when and how to market their commodities. Click here to learn more about what we have to offer, or call 402-697-3623. Do it today!

Do you want to know what trades Alan Brugler recommends? Subscribe to Ag Market Professional, and become part of the Brugler client group! Not sure? Ask for a FREE SAMPLE and get two FREE GIFTS! Start here

Want this Ag News delivered to your inbox? Get the FREE Brugler Ag Newsletter, delivered 3 times daily.