Lean hog futures are below $ 2.17 to $ 2.80 on Monday afternoon. The USDA’s National Base Hog Price On Monday morning reports up to $ 4.66, with $ 112.51. The CME Lean Hog Index was 13 cents more at $ 112.02 on 26 June.
The CFTC data showed the managed money crowd in the lean hog futures and added 4,442 contracts to the options, which now records in a net long position of 134,292 contracts.
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The USDA’s FOB plant pork cutout price was 93 cents at $ 116.53 on Monday morning. Rib and Ham reduced the charge, with all other primes high. The USDA inspected the hog slaughter for the previous week as an estimate of 2.408 million heads. It is 51,000 heads since last week, but the same week is 9,344 heads below the same week.
July 25 Hogs $ 110.625 is at $ 2.625, below,
25 August hogs $ 107.475, below $ 2.800
25 October hogs At $ 92.450, $ 2.175 below,
On the date of publication,
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