Pig Resting in Pen Hay
Hog futures are up by as much as 2% for midday. The other front months are 2 to 80 cents in the black. The National Average Base Hog price increased by $1.09 on Tuesday morning to $79.33. The 9/08 CME Lean Hog Index was back down by a dime to $86.17.Â
Pork cutout futures are also up by triple digits at midday. USDA saw the National Pork Carcass Cutout Value $1.73 stronger on Tuesday morning at $101.18. Monday’s FI hog slaughter was estimated at 480k head, matching the same week last year.Â
Oct 23 Hogs  are at $84.075, up $1.525,
Dec 23 Hogs  are at $76.125, up $1.475
Oct 23 Pork Cutout  is at $95.350, up $1.500,
On the date of publication, Alan Brugler did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
/amazon%20holiday%20delivery%20boxes%20by%20Cineberg%20via%20iStock.jpg)
