Lean Hog futures are buying and selling with blended motion on Wednesday, as contracts are down 52 cents within the Dec contract to barely increased within the different nearbys.  The nationwide common base hog negotiated value was reported at $87.99 on Wednesday morning. The CME Lean Hog Index was reported at $89.88 on November 11, again down 14 cents from the day prior.Â
USDA’s FOB plant pork cutout worth was again increased within the Wednesday AM report, up $1.36 at $99.04 per cwt. The rib and picnic had been the one primals reported decrease. USDA estimated Tuesday’s FI hog slaughter at 489,000 head on Tuesday, with the week so far whole at 947,000 head. That’s 30,000 head under final week and down 452 head from the identical week final 12 months.
Dec 24 Hogs  are at $81.825, down $0.525,
Feb 25 Hogs  are at $86.050, up $0.125
Apr 25 Hogs  is at $90.025, up $0.050,
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