Mixed Hogs Mostly Lower
BRUG - Wed Nov 27, 12:03PM CST

Lean hog futures are mixed at midday, the futures notice 15 to 22 cent losses in the front months, with nearby December as an exception, up 12.5 cents. The 11/22 CME Lean Hog Index was $1.58 lower to $58.18. The USDA pork carcass cutout value was again lower, down by $1.93. Belly cuts were marked at $92.97, after a $16.47 drop. USDA’s national average base hog price for 11/27 was $42.92, off of a 47 cent gain. USDA estimates FI hog slaughter for Tuesday at 495,000 head, that brought the weekly total up to 986,000 just 1,000 head below last week’s record setting pace.

DEC 19 Hogs are at $60.950, up $0.125,

FEB 19 Hogs are at $67.675, down $0.150

APR 20 Hogs are at $74.125, down $0.225

--provided by Brugler Marketing & Management




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