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
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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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