Lean hog futures are blended at noon, with contracts inside 20 cents of unchanged. USDA’s nationwide base hog value was reported at $90.46 on Friday morning, down 51 cents from the day prior. The CME Lean Hog Index was 41 cents increased on Feb 25 at $89.12.
USDA’s pork carcass cutout worth from the Friday AM report was up 99 cents at $98.37 per cwt. The butt primal was the one reported decrease. USDA estimated federally inspected hog slaughter for Thursday at 493,000 head, with the week up to now complete at 1.951 million head. That’s 39,000 head above final week and 5,028 head bigger than the identical week final yr.
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Apr 26 Hogs are at $95.925, up $0.200,
Might 26 Hogs are at $100.350, up $0.000
Jun 26 Hogs are at $109.800, down $0.125,
On the date of publication,
Austin Schroeder
didn’t have (both instantly or not directly) positions in any of the securities talked about on this article. All data and information on this article is solely for informational functions.
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