Hogs Extend Gains
Related Stocks
 HEJ24 - Lean Hogs
SymLastChgPct
HEJ2486.625s+0.525+0.61%
HEM24101.450s-0.150-0.15%
KMJ2495.625s+0.125+0.13%

Wednesday trading in the lean hog futures complex left front month prices $0.45 to $1.35 higher. May contracts were 42 cents off the high, but the rest of 2021 contracts set new LOC highs during the Tuesday session. USDA’s National Average Afternoon Base Hog price was $115.20 up by $3.53. The CME Lean Hog Index for 4/30 was 21 cents higher to $107.10.  

Pork cutout futures ended the session with gains of 60 cents to $1.37. USDA’s National Pork Carcass Cutout Value was $0.48 weaker in the PM report at $111.18 cwt. USDA estimated Tuesday’s FI hog slaughter at 487k head, setting the week’s total at 965k head.

May 21 Hogs  closed at $111.150, up $0.450,

Jul 21 Hogs  closed at $113.425, up $1.350

May 21 Pork Cutout  closed at $113.075, up $0.600




<p>Market Commentary provided by:<br /> <img src="https://s3.amazonaws.com/images1.aws.barchart.com/logos/bruglerlogo.gif" border="0" /><br /> Brugler Marketing &amp; Management LLC<br /> 1908 N. 203rd St.Omaha, NE 68022<br /> Phone: 402-697-3623<br /> Fax: 402-289-2353<br /> E-mail: <a href="mailto:alanb@bruglermktg.com">alanb@bruglermktg.com</a><br /> Web: <a href="http://bruglermarketing.com/">http://bruglermarketing.com</a></p> <p align="center"><!-- [if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:TrackMoves/> <w:TrackFormatting/> <w:PunctuationKerning/> <w:ValidateAgainstSchemas/> <w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid> <w:IgnoreMixedContent>false</w:IgnoreMixedContent> <w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText> <w:DoNotPromoteQF/> <w:LidThemeOther>EN-US</w:LidThemeOther> <w:LidThemeAsian>X-NONE</w:LidThemeAsian> <w:LidThemeComplexScript>X-NONE</w:LidThemeComplexScript> <w:Compatibility> <w:BreakWrappedTables/> 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