Lean Hogs Market Commentary

Lean hog futures saw mixed trade on Thursday, with nearby Oct down 12.5 cents and Dec up 30. The CME Lean Hog Index was up 94 cents on September 11 to $48.49. The USDA pork carcass cutout value was 19 cents higher @ $71.05 in the Thursday afternoon FOB plant report. The national base hog carcass value was $1.22 higher @ $48.92 this afternoon. FI hog slaughter through Thursday was estimated at 1.749 million head, down 80,000 head from the same week last year. Pork export sales for the week of Sep 6 were 18,717 MT.




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