Hogs Close Wednesday Higher

Lean Hog futures were $1.75 to $2.00 higher in the front months on Wednesday, with expiring Aug 40 cents higher. The CME Lean Hog Index was down 80 cents at $80.95 on August 12. The USDA pork carcass cutout value was down 31 cents on Wednesday afternoon at $88.90. The national average base hog value was dropped 56 cents in the Wednesday PM report at $69.47. Estimated FI hog slaughter for week to date was 1.417 million head, a 41,000 head increase from the previous week and 15,000 head more the same week a year ago.

AUG 19 Hogs closed at $79.400, up $0.400,

OCT 19 Hogs closed at $66.775, up $2.200

DEC 19 Hogs closed at $64.775, up $1.750

---provided by Brugler Marketing & Management

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