Lean hog futures are mixed, with nearby December up 52 cents and other front months down 20 to 25. USDA’s national base hog price was reported at $47.07 in the Tuesday morning report. The CME Lean Hog Index was down another 82 cents on October 29 at $65.75.

USDA’s pork carcass cutout value was up $2.24 in the Tuesday AM report, at $72.28. The loin and rib primals were the only reported lower. Federally inspected hog slaughter for Monday was estimated at 492,000 head. That was 8,000 head above last week but 4,398 head shy of the same week last year.

Dec 26 Hogs  are at $58.700, up $0.525,

Feb 27 Hogs  are at $63.625, down $0.250

Apr 27 Hogs are at $69.425, down $0.225,

On the date of publication, Austin Schroeder did not directly have a position in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.

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