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Barchart
Barchart
Austin Schroeder

Hogs Posting Mixed Trade on Friday

USDA

Lean hog futures are mixed at midday with contracts up 52 cents higher to 65 cents lower. USDA’s national base hog price was down 11 cents in the Friday AM report at $96.84. The CME Lean Hog Index was 37 cents higher on July 8 at $92.35.

USDA’s pork carcass cutout value was $3.02 higher in the Friday morning report at $101.83. All primals were reported higher, led by the belly, up $7.26. USDA estimated federally inspected hog slaughter for Thursday at 480,000 head, with the weekly total at 1.894 million head. That was 53,000 head above the week prior and 18,965 head above the same week last year.

Jul 26 Hogs are at $94.825, up $0.500,

Aug 26 Hogs are at $98.675, up $0.525

Oct 26 Hogs are at $85.025, down $0.625,

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