Lean Hogs

Lean hog futures ended Monday down 50 cents to as much as $2.05 in the summer contracts. Some 2018 contracts closed higher. The CME Lean Hog Index for 6/8 was up another 61 cents to $80. The USDA pork carcass cutout value was 69 cents higher in the afternoon report, with a weighted average of $93.14. The national base hog carcass price was 62 cents higher with a weighted average of $77.22 in the afternoon report. Estimated FI hog slaughter on Monday was 411,000 head, 29,000 fewer than last week and 14,000 head below last year.

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

First you raise it, then you market it!  Check out the full Brugler advisory service with this special Harvest 2Fer offer at  http://bit.ly/Harvest2Fer.


Did June and July leave you with painful grain marketing memories?
Contact Brugler TODAY to discover which of our services is the right prescription for you!
Request product samples and a quick tour of our services here.

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.