Hogs Higher at Midday
BRUG - Tue May 14, 12:26PM CDT

Lean Hog futures are showing triple digit gains in the front months at midday, ignoring expiring May. June is using some of the expanded limits, up $3.20. The CME Lean Hog Index was up 24 cents from the previous day @ $83.04 on May 10. The USDA pork carcass cutout value was up 40 cents at $88.64 on Tuesday morning. The national average base hog was $80.7 on Tuesday, down 16cents from the previous day. Estimated weekly FI hog slaughter was 461,000 head on Monday. That was 9,000 head below the previous week but 6,000 above the same week last year.

May 19 Hogs are at $83.550, unch,

Jun 19 Hogs are at $89.875, up $3.200

Jul 19 Hogs are at $90.575, up $2.825

--provided by Brugler Marketing & Management

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