Lean hog futures are mostly $1 to $1.15 higher in the nearby contracts on Tuesday. The CME Lean Hog Index was down 24 cents from the previous day @ $68.75 on October 12. The USDA pork carcass cutout value was 45 cents higher in the Tuesday morning report at $81.95. The national base hog carcass value was 46 cents lower at a weighted average of $59.80 on Tuesday morning. FI hog slaughter was estimated at 459,000 head on Monday. That was down 14,000 head from last week but 14,000 head more than the same week last year.
Dec 18 Hogs are at $57.750, up $1.000,
Feb 19 Hogs are at $64.950, up $1.050
Apr 19 Hogs are at $70.000, up $1.150
--provided by Brugler Marketing & Management, Call (402) 289-2330