Lean Hogs

Lean hog futures finished Monday with most contracts steady to $1.40 higher. The CME Lean Hog Index for 11/16 was down 55 cents to $65.42. The national base hog average price was 50 cents lower at $56.46 this afternoon. The USDA pork carcass cutout value was $1.31 higher at $82.27 in the Monday afternoon report. The picnic was the only cut that was reported lower, down $2. The weekly USDA AMS hog slaughter report showed 465,000 on Monday. That is up 1,000 from the previous week and 11,000 more than the same week in 2016.




Market Commentary provided by:

Brugler Marketing & Management LLC
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Phone: 402-697-3623
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