Hogs Take a Breather After Monday Slide
Related Stocks
 HEK21 - Lean Hogs
SymLastChgPct
HEK21111.975s+0.575+0.52%
HEN21113.550s-1.100-0.96%
KMK21114.600s+0.625+0.55%

At the close for the Tuesday session, lean hogs were mixed within 15 cents of UNCH, save for a 52 cent gain in May. USDA’s National Average Base Hog price was up another $1.01 cents this afternoon to $101.55. The CME Lean Hog Index was up another 52 cents to $101.89 on 4/9.

Pork cutout futures were mixed, with gains of 32 to 50 cents and losses of 5 to 22 cents. USDA’s National Pork Carcass Cutout Value was up a sharp $2.39 in the AM report to $112.49. USDA estimated the federally inspected hog slaughter for Tuesday at 476,000 head, leaving the week’s total at 964,000 head.  

Apr 21 Hogs  closed at $103.400, down $0.125,

Jun 21 Hogs  closed at $106.175, up $0.025

Apr 21 Pork Cutout  closed at $112.000, down $0.250




Market Commentary provided by:

Brugler Marketing & Management LLC
1908 N. 203rd St.Omaha, NE 68022
Phone: 402-697-3623
Fax: 402-289-2353
E-mail: alanb@bruglermktg.com
Web: http://bruglermarketing.com

Did you know Brugler Marketing & Management has more to offer to you than just this free daily commentary?! Producers just like you rely on our custom research and daily guidance on when and how to market their commodities. Click here to learn more about what we have to offer, or call 402-697-3623. Do it today!


Do you want to know what trades Alan Brugler recommends? Subscribe to Ag Market Professional, and become part of the Brugler client group! Not sure? Ask for a FREE SAMPLE and get two FREE GIFTS! Start here

Want this Ag News delivered to your inbox? Get the FREE Brugler Ag Newsletter, delivered 3 times daily.