Hogs Give Back another Triple Digits


Alan Brugler, Barchart

May 9, 2022


Lean hog weakness continued into the new week, with the board fading another $1.32 to $2.85 on Monday. The National Average Base Hog price was $4.85 higher in the PM report to $106.83. CME’s Lean Hog Index for 5/5 was another 5 cents lower to $100.91.


Pork cutout futures went home with $1.52 to $2.40 losses on the day. USDA’s National Pork Carcass Cutout Value for Monday was 31 cents weaker to $104.39. FI hog slaughter was estimated as 468k head for Monday, down from 482k head last week.


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