Lean Hog futures settled mixed on Thursday, as nearby Feb was up 30 cents. The CME Lean Hog Index was up 25 cents from the previous day @ $54.10 on January 8. The USDA pork carcass cutout value was up 79 cents on Thursday afternoon at an average weighted price of $70.46. The national base cash hog carcass value 2 cents lower in the PM report, with a weighted average of $51.14. This week’s FI hog slaughter through Thursday was estimated at 1.9 million head, which was 91,000 head larger than the same week last year.
Feb 19 Hogs closed at $64.075, up $0.300,
Apr 19 Hogs closed at $67.850, up $0.300
May 19 Hogs closed at $73.900, down $0.300
--provided by Brugler Marketing & Management