Hogs Higher at Midday

Lean Hog futures are $1.45 to $1.85 higher in the front months, with expiring Aug 35 cents higher. The CME Lean Hog Index was down 80 cents at $80.95 on August 12. The USDA pork carcass cutout value was down 23 cents on Wednesday morning at $88.98. The national average base hog value was dropped $2.11 in the Wednesday AM report at $67.92. Estimated FI hog slaughter for week to date was 938,000 head, a 34,000 head increase from the previous week and 1,000 head more the same week a year ago.

AUG 19 Hogs are at $79.350, up $0.350,

OCT 19 Hogs are at $66.425, up $1.850

DEC 19 Hogs are at $64.475, up $1.450

---provided by Brugler Marketing & Management

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