Lean Hogs

Lean hog futures ended the day with losses of 10 cents to $1.175. The CME Lean Hog Index for 12/1 was up 66 cents to $63.92. The USDA pork carcass cutout value was 84 cents higher at $84.78 in the Tuesday afternoon report. The belly was the only cut reported lower. The national base hog price 29 cents higher at $59.43 this afternoon. The IA/MN region was 53 cent higher, with the WCB up 54 cents. The USDA FI hog slaughter was estimated at 931,000 head through Tuesday. That is up 23,000 head from the previous week and 52,000 head more than last year.

Dec 17 Hogs closed at $64.275, down $0.675,

Feb 18 Hogs closed at $70.500, down $1.175

Apr 18 Hogs closed at $74.325, down $1.125




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.