Hogs Mixed on Monday
BRUG - Mon Aug 12, 5:24PM CDT

Lean Hog futures closed Monday mixed, with the front months slightly higher. The CME Lean Hog Index was down 52 cents from the previous day on August 8 at $82.33. The weekly Fresh Bacon Index was up $12.48 at $199.32 on 8/9. The USDA pork carcass cutout value was down 25 cents on Monday afternoon at $90.19. The national average base hog value was down another $1.87 in the Monday AM report at $69.00. Estimated FI hog slaughter for Monday is 466,000 head, up 39,000 head from the previous week and 1,000 head below the same week a year ago. Pork production for 2019 is projected at 27.633 billion lbs, down 15 million from the July report. Production in 2020 is expected at 28.41 billion lbs. per USDA.

AUG 19 Hogs closed at $79.175, up $0.150,

OCT 19 Hogs closed at $67.075, up $0.100

DEC 19 Hogs closed at $63.775, down $0.900

---provided by Brugler Marketing & Management




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