Hogs Mostly Higher on Monday

Lean hog futures are up $1 to $1.50 on Monday with nearby July down 52 cents. USDA’s national base hog price was not reported on Monday morning due to light volume and a 5-day rolling average of $111.51. The CME Lean Hog Index was down 69 cents at $109.51 on July 2.
USDA’s Monday morning FOB plant pork cutout value was back up $4.89 at $115.10. All primals were reported higher, with the belly up $13.83 and picnic $7.15 higher.
Jul 25 Hogs are at $107.450, down $0.525,
Aug 25 Hogs are at $107.500, up $1.400
Oct 25 Hogs is at $93.175, up $1.075,
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.