Hogs Mixed at Midday

Lean Hog futures are mixed at midday, with contracts anywhere from $1.10 lower to $1.425 higher. The CME Lean Hog Index was down 58 cents from the previous day on August 7 at $82.85. The USDA pork carcass cutout value was up 91 cents on Friday morning at $89.60. The national average base hog value was down another 79 cents in the Friday AM report at $70.98. Estimated FI hog slaughter WTD through Thursday was 1.852 million head, down 12,000 head from the previous week and 74,000 head above the same week a year ago.

AUG 19 Hogs are at $78.650, up $1.300,

OCT 19 Hogs are at $66.850, down $1.025

DEC 19 Hogs are at $64.600, down $0.650

---provided by Brugler Marketing & Management

Market Commentary provided by:

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