Lean Hogs

Lean hog futures are steady to $2.175 in the red on Friday. The CME Lean Hog Index was up 18 cents from the previous day to $63.73 on May 9. The USDA pork carcass cutout value was up 53 cents at $73.11 on Friday morning. The national base hog weighted average price was 2 cents lower at $61.07. The USDA estimated week to date FI hog slaughter at 1.835 million head through Thursday. That is 18,000 fewer than last week but well above this week last year.

May 18 Hogs are at $65.350, down $0.125,

Jun 18 Hogs are at $75.150, down $2.175

Jul 18 Hogs are at $76.875, down $1.200

Market Commentary provided by:

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