Hogs Up Triple Digits on Monday

Lean Hog futures saw gains of $1.125 to $1.70 in the front months on Monday. The CME Lean Hog Index was down 11 cents from the previous day @ $79.46 on June 11. The CME Fresh Bacon Index was down $3.54 at 143.20 for the week of June 4. The USDA pork carcass cutout value was down 24 cents on Monday afternoon at $82.97. The loin and ham were the only primals reported lower. The national average base hog was higher cents lower at $76.00 per hundred pounds. Monday’s estimated FI hog slaughter was 467,000 head. That was down 4,000 from the previous week but 51,000 head above the same week in 2018.

--provided by Brugler Marketing & Management

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