Lean Hogs
Brugler Marketing and Management, LLC - BRUG - Wed Jul 11, 4:48PM CDT

Lean hog futures finished the day with most contracts 97.5 cents to $1.75 lower. Soon to expire July was up 27.5 cents, staying close to cash. The CME Lean Hog Index was down 25 cents on July 9, to $81.67. The USDA pork carcass cutout value was down 50 cents on Wednesday afternoon at $83.60. The rib and belly primal cuts were the only ones reported higher. The national base carcass price was down 30 cents from the previous day, reported at $75.88. USDA estimated FI hog slaughter at 1.357 million head through Wednesday, 39,000 head above last year.

Jul 18 Hogs closed at $79.775, up $0.275,

Aug 18 Hogs closed at $68.800, down $0.975

Oct 18 Hogs closed at $52.025, down $1.750




Market Commentary provided by:

Brugler Marketing & Management LLC
1908 N. 203rd St.Omaha, NE 68022
Phone: 402-697-3623
Fax: 402-289-2353
E-mail: alanb@bruglermktg.com
Web: http://bruglermarketing.com

Did you know Brugler Marketing & Management has more to offer to you than just this free daily commentary?! Producers just like you rely on our custom research and daily guidance on when and how to market their commodities. Click here to learn more about what we have to offer, or call 402-697-3623. Do it today!


Do you want to know what trades Alan Brugler recommends? Subscribe to Ag Market Professional, and become part of the Brugler client group! Not sure? Ask for a FREE SAMPLE and get two FREE GIFTS! Start here

Want this Ag News delivered to your inbox? Get the FREE Brugler Ag Newsletter, delivered 3 times daily.