Hogs Mixed on Monday

Lean Hog futures were mixed at Monday’s close, with July expiring at $70.775 and deferred contracts higher. The CME Lean Hog Index was up 8 cents from the previous day @ $70.73 on July 11. The CME Fresh Bacon Index was down 60 cents from the week prior at 132.08 on July 12. The USDA pork carcass cutout value was up $1.25 in the Monday PM report at $72.90. The national average base hog price was up 37 cents on Monday at $68.45. Estimated FI hog slaughter for Monday was 410,000 head. That was down 69,000 head from last week and 19,000 head below the same week last year.

JUL 19 Hogs closed at $70.775, down $0.275,

AUG 19 Hogs closed at $80.100, down $0.550

OCT 19 Hogs closed at $73.900, up $0.675

--provided by Brugler Marketing & Management

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