Hogs Higher on Turnaround Tuesday

Lean Hog futures are trading 57.5 cents to $1.85 higher in the front months on Tuesday. The CME Lean Hog Index was down another 56 cents at $64.69 on September 5. The USDA pork carcass cutout value FOB plant was up $1.25 on Tuesday morning at $73.16. The butt and picnic were the only primals reported lower. The national average base hog value was $1.36 lower at $49.29. Estimated FI hog slaughter was 485,000 head for Monday, even with the same week in 2018.

OCT 19 Hogs are at $63.175, up $0.575,

DEC 19 Hogs are at $61.800, up $1.850

FEB 19 Hogs are at $69.500, up $1.225

-- provided by Brugler Marketing & Management




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