Lean Hogs

Lean hog futures finished the Friday session mixed, with Dec down 70 cents. December has dropped $5.52/cwt since October 31. The CME Lean Hog Index for 11/8 was down 41 cents to $67.94. The national base hog average was down 17 cents at $59.70. Weekly FI hog slaughter through Saturday was estimated at 2,495,000 head. That is 38,000 head larger than the previous week and 37,000 head above the same week in 2016. The USDA pork carcass cutout value was up 60 cents in the Friday afternoon report.




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

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