Hogs Trading in Red
Related Stocks
 HEJ24 - Lean Hogs
SymLastChgPct
HEJ2487.000+0.900+1.05%
HEM24102.600+1.000+0.98%
KMJ2495.500s+1.550+1.65%

Ahead of the weekend break, lean hog futures are mixed but mostly lower. Losses range from 2 to 27 cents at midday. Gains are limited to 37 cents for December and August contracts. USDA’s National Average Base Hog price for Friday morning was $108.11 after falling another $1.95. The May 12th CME Lean Hog Index was down by a penny at $110.94.  

Pork cutout futures are trading mostly UNCH as open interest is still tight. USDA’s National Pork Carcass Cutout Value was $116.40 this morning, up by 21 cents on decent load volume. Bellies were down by $10.59, yet loins were $7.57 stronger. USDA estimates the week’s running hog slaughter at 1.920 million head through Thursday. That’s down 11,000 head wk/wk. 

Jun 21 Hogs  are at $110.000, down $0.100,

Jul 21 Hogs  are at $110.100, unch,

Jun 21 Pork Cutout  is at $115.600, down $0.075,




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