Lean hog futures are buying and selling with blended commerce, up 30 cents to twenty cents decrease within the nearbys. USDA’s nationwide base hog value from Friday morning was not reported attributable to gentle quantity. The CME Lean Hog Index was down one other 55 cents on October 22 at $93.63.
USDA’s pork carcass cutout worth from the Friday morning report was again up $2.95 to $102.66 per cwt. The picnic was the one primal reported decrease. USDA estimated federally inspected hog slaughter on Wednesday at 486,000 head, with the weekly complete at 1.958 million head. That’s down 2,000 head from final week however 10,624 head above the identical week final yr.
Don’t Miss a Day: From crude oil to espresso, enroll free for Barchart’s best-in-class commodity evaluation.
Dec 25 Hogs are at $82.075, up $0.300,
Feb 26 Hogs are at $84.325, down $0.025
Apr 26 Hogs is at $88.775, down $0.200,
On the date of publication,
Austin Schroeder
didn’t have (both immediately or not directly) positions in any of the securities talked about on this article. All info and information on this article is solely for informational functions.
For extra info please view the Barchart Disclosure Coverage
right here.
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
