Hogs Mixed at Wednesday’s Midday

Austin Schroeder Barchart Wed Sep 17, 12:09PM CDT
Pink pig in pasture by DESPIERRES via Pixabay

Lean hog futures are posting mixed action on Wednesday, with contracts up 15 cents to 45 cents lower. USDA’s national base hog report from Wednesday morning was reported at $106.25, up 28 cents from the day prior. The CME Lean Hog Index was down 14 cents on September 15 at $106.00.

USDA’s FOB plant pork cutout report from Wednesday morning saw prices up 46 cents at $112.74 per cwt. The ham and belly primals were the only reported lower. USDA estimated federally inspected hog slaughter for Tuesday at 488,000 head, taking the weekly total to 978,000 head. That is 8,000 head larger than last week and 26,610 head above the same week last year.

Oct 25 Hogs  are at $97.525, up $0.150,

Dec 25 Hogs  are at $87.775, down $0.450

Feb 26 Hogs  is at $89.950, down $0.250,


On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions 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.