Lean Hog futures settled with $1.125 to $2.30 gains in most contracts on Monday. The CME Lean Hog Index was down 4 cents from the previous day @ $51.71 on March 7. The USDA pork carcass cutout value was up $1.38 on Monday afternoon at an average weighted price of $66.42. All primals were reported higher. The national base hog carcass value was up $1.24 this afternoon at an average weighted price of $47.20. Monday’s USDA estimated FI hog slaughter was at 475,000 head, 10,000 head larger than last Monday and 16,000 head above last year.
Apr 19 Hogs closed at $62.850, up $2.300,
May 19 Hogs closed at $71.025, up $2.100
Jun 19 Hogs closed at $79.950, up $1.775
--provided by Brugler Marketing & Management