Lean Hog futures saw $1.10 to $2.35 gains in the front months on Wednesday. The CME Lean Hog Index rose $0.37 to $59.59 on Oct 7. The USDA pork carcass cutout value dropped $1.44 to close Wednesday at $76.01. The national average base hog value saw $1.65 gains on Wednesday, up to $53.90. FI hog slaughter for this week through Wednesday was 1.463 million head. That is down 71,000 head above last year’s weekly pace, even with Monday’s kill revised 5,000 head lower.
-- provided by Brugler Marketing & Management
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