- Market Overview
- Futures
- Options
- Custom Charts
- Spread Charts
- Market Heat Maps
- Historical Data
- Stocks
- Real-Time Markets
- Site Register
- Mobile Website
- Trading Calendar
- Futures 101
- Commodity Symbols
- Real-Time Quotes
- CME Resource Center
- Farmer's Almanac
- USDA Reports
Hogs Focus on Thursday Trade
Lean hogs fell lower on Wednesday, as contracts were anywhere from $1 to $2.05 in the red. USDA’s National Average Base Hog negotiated price was down a penny from the day prior in the Wednesday PM report at $92.02. The CME Lean Hog Index was down 26 cents on April 29 at $90.26.
USDA’s National Pork Carcass Cutout Value was lower in the Wednesday afternoon report, down 77 cents to $97.99. The belly was down $10.61 to lead the way, with the loin and butt primals the only reported higher. USDA estimated federally inspected hog slaughter at 480,000 head on Wednesday, with the weekly total at 1.438 head. That is 13,000 head below last week and up 47,341 head from the same week last year.
May 24 Hogs closed at $93.025, down $1.125,
Jun 24 Hogs closed at $100.425, down $2.050
Jul 24 Hogs closed at $103.625, down $1.800,
On the date of publication, Alan Brugler did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.