Lean Hog Futures were rally on Friday, close to $ 1.77 to $ 2.35 with contracts. This week increased July $ 2.17. The negotiation on USDA’s National Average Base Hogs was recorded at $ 1.30 at $ 100.55 on Friday afternoon. The CME Lean Hog Index was on 3 June at 82 CI, $ 96.57.
From Friday afternoon, CFTC data showed big managed money bookies in the lean hog futures and the options increased from 7,086 contracts to 101,626 contracts by June 3 to 101,626.Third,
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The USDA’s FOB plant pork cutout price from Friday PM report was $ 111.51, which was $ 3.39. All 6 primes were said to be more. This was the benefit of $ 4.29 this week. Federly hog slaughter was inspected for this week, its estimate was 2.363 million heads. It is 52,772 heads below the same week last year.
25 June hogs Closed at $ 102.625, by $ 1.775,
July 25 Hogs Closed at $ 107.100, up to $ 2.300
25 August hogs Closed at $ 109.400, by $ 2.350,
On the date of publication,
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