Lean Hog futures settled the Tuesday session with most contracts 30 to 80 cents lower. The CME Lean Hog Index was up 27 cents from the previous day @ $51.98 on March 8. The USDA pork carcass cutout value was up $1.20 on Tuesday afternoon at an average weighted price of $67.62. The loin and rib were the only primals reported lower. The national base hog carcass value was up $2.42 on Tuesday afternoon at an average weighted price of $49.61. USDA estimated the weekly FI hog slaughter was at 952,000 head, 9,000 head larger than last week and 29,000 head above last year.
Apr 19 Hogs closed at $63.650, up $0.800,
May 19 Hogs closed at $71.750, up $0.725
Jun 19 Hogs closed at $80.250, up $0.300
--provided by Brugler Marketing & Management