Lean Hogs Higher in Choppy Trading
BRUG - Wed Dec 11, 7:20AM CST

Lean hog futures closed with gains of $1.12 to $1.25. The last trading day is Friday for December hogs, which were 50 cents higher on Tuesday. The 12/06 CME Lean Hog Index was $58.12, after a 35-cent fall. USDA’s pork carcass cutout value was higher, having gained $1.14 for the day. USDA’s national average base hog price for 12/10 was another 62 cents higher to $47.68. Tuesday added 494,000 head to the USDA estimated hog slaughter, pushing the weekly total to 985,000 head, following a 5,000 head reduction from Monday’s estimate.

---provided by Brugler Marketing & Management




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