Hogs Mixed at Midday | Nasdaq | U.S. Finance News
Lean hog futures are exhibiting combined motion at noon, with close by contracts down a tick to fifteen cents increased. The national average base hog price was not reported on Wednesday morning because of mild quantity, with the 5-day rolling average at $76.55. The CME Lean Hog Index was $84.22 on September 16, down one other 16 cents from the day prior. USDA’s FOB plant pork cutout worth was up $1.08 within the Wednesday AM report at $96.08 per cwt. The picnic and stomach had been the one primals reported decrease, with the loin main the best way to the upside, up $2.06. USDA estimated FI hog slaughter at 474,000 head for Tuesday, with the weekly complete at 949,000 head. That is down 21,000 head from the earlier week on a Monday revision and 22,094 head beneath the identical week final 12 months.
Oct 24 Hogs are at $81.925, up $0.150,Dec 24 Hogs are at $73.675, down $0.025Feb 25 Hogs is at $76.850, up $0.050,
On the date of publication,
Austin Schroeder
didn’t have (both immediately or not directly) positions in any of the securities talked about on this article. All info and knowledge on this article is solely for informational functions. For more info please view the Barchart Disclosure Policy
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
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