Lean hog futures are buying and selling with 30 to 65 cents decrease within the entrance months on Friday. USDA’s nationwide base hog worth was reported at $91.29 on Friday morning. The CME Lean Hog Index was one other 11 cents increased on March 18 at $92.04.
USDA’s pork carcass cutout worth from the Friday AM report was again up $2.84 at $100.89 per cwt. All primals had been reported increased. USDA estimated the Thursday federally inspected hog slaughter at 492,000 head, with the weekly whole at 1.879 million head. That’s 89,000 head under final week and 78,103 head above the identical week final yr.
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Apr 26 Hogs are at $91.425, down $0.625,
Could 26 Hogs are at $95.700, down $0.350
Jun 26 Hogs are at $104.425, down $0.325,
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.
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