Lean Hogs

Lean hog futures ended Tuesday 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 was 29 cents higher at $59.43. The IA/MN region cash hog average was 53 cents 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.

Market Commentary provided by:

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