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Lean Hogs Jun '18 (HEM18)

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[[ timeframe ]] futures price quotes as of Fri, Feb 22nd, 2019.
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Lean Hogs Futures Market News and Commentary

Lean Hogs Market News and Commentary

Lean Hog futures are mixed on Friday, with front months steady to 42.5 cents lower and back months slightly higher. The CME Lean Hog Index was down 7 cents from the previous day @ $54.06 on February 20. The USDA pork carcass cutout value was down 2 cents on Friday morning at an average weighted price of $61.21. The national base cash hog carcass value was down 90 cents in the AM report, with a weighted average of $47.24. USDA estimated weekly FI hog slaughter at 1.890 million head through Thursday. That was up 59,000 head from the previous week and 91,000 above the same week last year. Accumulated pork export sales for the weeks of 1/10-2/14 were at 122,900 MT, averaging 20,483 MT/week. China was both buying and shipping.Apr 19 Hogs are at $55.525, down $0.425,May 19 Hogs are at $65.675, down $0.125Jun 19 Hogs are at $76.125, up $0.450--provided by Brugler Marketing & Management
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