Hogs Higher

Lean Hog futures are trading higher by $.650 to $1.475 on Tuesday. The CME Lean Hog Index was down 47 cents at $78.55 on August 16. The USDA pork carcass cutout value was down $.87 on Tuesday morning at $84.11. 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.

OCT 19 Hogs are at $64.675, up $0.650,

DEC 19 Hogs are at $64.325, up $1.475

FEB 19 Hogs are at $70.750, up $1.025

--- provided by Brugler Marketing & Management

Market Commentary provided by:

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