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Hogs Mostly Higher on Monday
BRUG - Mon Jul 22, 12:12PM CDT

Lean Hog futures are firm to 50 cents higher in most contracts. August is down 67.5 cents, as it is showing a $10 premium to the index. The CME Lean Hog Index was up 88 cents from the previous day on July 18 @ $72.40. The newly updated CME Fresh Bacon Index was up $5.81 wk/wk at $137.89/cwt. The USDA pork carcass cutout value rose a sharp $4.70 at $83.23 on Monday morning. All primals were reported higher, with the Belly leading the way, up $18.77. The national average base hog value was up 20 cents on Monday at $72.44. Estimated FI hog slaughter last week was 2.303 million head. That was down 107,000 head from the previous week and 75,000 head below the same week last year.

AUG 19 Hogs are at $83.200, down $0.675,

OCT 19 Hogs are at $79.000, up $0.075

DEC 19 Hogs are at $77.175, up $0.425

--provided by Brugler Marketing & Management

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