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Lean Hogs Apr '19 (HEJ19)

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Lean Hogs Futures Market News and Commentary

Lean Hogs Market News and Commentary

Lean Hog futures posted 15 cent to $1.25 losses in most contracts on Wednesday. The CME Lean Hog Index was up 26 cents from the previous day @ $58.33 on January 21. The USDA pork carcass cutout value was down 93 cents on Wednesday afternoon at an average weighted price of $68.70. The national base cash hog carcass value was up 40 cents in the PM report, with a weighted average of $52.49. USDA FI hog slaughter was estimated at 1.342 million head through Wednesday, which is 81,000 below the previous week but 36,000 head larger than this time last year.Feb 19 Hogs closed at $60.775, down $0.700,Apr 19 Hogs closed at $64.850, down $1.250May 19 Hogs closed at $71.275, down $0.750--provided by Brugler Marketing & Management
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