Lean Hogs Market Commentary

Lean hog futures settled Tuesday with gains of 12.5 to 65 cents. 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 63 cents lower in the Tuesday afternoon report at $80.87. The national base hog carcass value was 40 cents lower at a weighted average of $59.86 on Tuesday afternoon. FI hog slaughter was estimated at 936,000 head through Tuesday. That was up 12,000 head from last week and 38,000 head more than the same week last year.

Dec 18 Hogs closed at $56.875, up $0.125,

Feb 19 Hogs closed at $64.250, up $0.350

Apr 19 Hogs closed at $69.475, up $0.625

--provided by Brugler Marketing & Management, Call (402) 289-2330

Market Commentary provided by:

Brugler Marketing & Management LLC
1908 N. 203rd St.Omaha, NE 68022
Phone: 402-697-3623
Fax: 402-289-2353
E-mail: alanb@bruglermktg.com
Web: http://bruglermarketing.com

Did you know Brugler Marketing & Management has more to offer to you than just this free daily commentary?! Producers just like you rely on our custom research and daily guidance on when and how to market their commodities. Click here to learn more about what we have to offer, or call 402-697-3623. Do it today!

Do you want to know what trades Alan Brugler recommends? Subscribe to Ag Market Professional, and become part of the Brugler client group! Not sure? Ask for a FREE SAMPLE and get two FREE GIFTS! Start here

Want this Ag News delivered to your inbox? Get the FREE Brugler Ag Newsletter, delivered 3 times daily.