Lean Hogs See Rebound in Bacon

Lean Hog futures finished the day $1.70 to $2.075 higher on Tuesday. The CME Lean Hog Index was down 32 cents at $79.02 on August 15. The Fresh Bacon Index was up $19.70 in the week ending 8/16 at $219.02/cwt. The USDA pork carcass cutout value was down $1.28 on Monday afternoon at $84.98. The national average base hog value was down 11 cents in the Monday PM report at $69.71. Estimated weekly FI hog slaughter for Monday was 472,000 head, a 14,000 head increase from the previous Monday and 26,000 head more than the same Monday a year ago.

--- provided by Brugler Marketing & Management




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