Hogs Pull Back on Wednesday

Austin Schroeder Barchart Wed Sep 17, 5:17PM CDT
Brown and white piglet by Fernando Cavalcanti via Pixabay

Lean hog futures eased back lower on Wednesday, with contracts down a nickel to 60 cents. USDA’s national base hog report from Wednesday afternoon was reported at $106.71, up 42 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 afternoon saw down $1.30 at $110.98 per cwt. The loin and but primals were the only reported higher. USDA estimated federally inspected hog slaughter for Wednesday at 486,000 head, taking the weekly total to 1.464 million head. That is 4,000 head larger than last week and 31,734 head above the same week last year.

Oct 25 Hogs  closed at $97.325, down $0.050,

Dec 25 Hogs  closed at $87.650, down $0.575

Feb 26 Hogs  closed at $89.700, down $0.500,


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.