Hogs Higher at Monday’s Close
BRUG - Mon Jun 10, 5:33PM CDT

Lean Hog futures closed $1.60 to $2.725 higher in most contracts on Monday, with soon to expire June up 62.5 cents. The CME Lean Hog Index was down 26 cents from the previous day @ $80.30 on June 6. The CME Fresh Bacon Index was down $10 from the week previous on June 7 at $143.20. The USDA pork carcass cutout value was up 98 cents this afternoon at $84.06. The butt and belly were the only primals lower, both down 51 cents. The national average base hog was down 62 cents at $75.27. Estimated FI hog slaughter for Monday was 477,000 head. That is 10,000 head above last week and 33,000 head larger than the same Monday last year.

Jun 19 Hogs closed at $79.275, up $0.625,

Jul 19 Hogs closed at $86.200, up $2.850

Aug 19 Hogs closed at $84.850, up $2.225

--provided by Brugler Marketing & Management




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.