So far for Friday the lean hog complex is trading 37 cents to $2.10 in the red. The USDA National Average Base Hog price for Friday morning was $2.74 weaker to $96.60. The 8/30 CME Lean Hog Index was $107.62 after a $1.74 drop.Â
Pork cutout futures are also in the red at midday, with losses of $1.17 to $1.67 so far. USDA’s National Pork Carcass Cutout value was $0.31 stronger at $102.17. USDA estimated the week’s FI hog slaughter at 1.915m head for the week through Thursday. That compares to 1.914m head last week and 1.898m head during the same week last year.Â
Oct22 Hogs  are at $89.900, down $2.050,
Dec 22 Hogs  are at $82.375, down $1.400
Dec 22 Pork Cutout  is at $94.225, down $0.250,