Hogs Higher on Turnaround Tuesday

Lean Hog futures are trading 57.5 cents to $1.85 higher in the front months on Tuesday. The CME Lean Hog Index was down another 56 cents at $64.69 on September 5. The USDA pork carcass cutout value FOB plant was up $1.25 on Tuesday morning at $73.16. The butt and picnic were the only primals reported lower. The national average base hog value was $1.36 lower at $49.29. Estimated FI hog slaughter was 485,000 head for Monday, even with the same week in 2018.

OCT 19 Hogs are at $63.175, up $0.575,

DEC 19 Hogs are at $61.800, up $1.850

FEB 19 Hogs are at $69.500, up $1.225

-- provided by Brugler Marketing & Management

Market Commentary provided by:

Brugler Marketing & Management LLC
1908 N. 203rd St.Omaha, NE 68022
Phone: 402-697-3623
Fax: 402-289-2353
E-mail: alanb@bruglermktg.com
Web: http://bruglermarketing.com

Did you know Brugler Marketing & Management has more to offer to you than just this free daily commentary?! Producers just like you rely on our custom research and daily guidance on when and how to market their commodities. Click here to learn more about what we have to offer, or call 402-697-3623. Do it today!

Do you want to know what trades Alan Brugler recommends? Subscribe to Ag Market Professional, and become part of the Brugler client group! Not sure? Ask for a FREE SAMPLE and get two FREE GIFTS! Start here

Want this Ag News delivered to your inbox? Get the FREE Brugler Ag Newsletter, delivered 3 times daily.