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