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




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