Market Overview

Lean Hog Futures Trading Higher

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August lean hogs are trading at 79.52, up 0.35 cents/lb and October lean hogs are trading at 67.85, up 0.15 cents /lb. December lean hogs are trading at 61.50, up 0.17 cents/lb

Lean hog futures are trading choppy just after the open Wednesday.

Market chatter weather and consumer demand is making the rounds. Trading is expected to remain choppy.

In Tuesday's supply and demand update the USDA revised pork production up by 40 million pounds and exports were raised by 10 million pounds. Tuesday's USDA hog slaughter was 427,000 head, the total for the week so far is
830,000 head, down from 833,000 head a year ago.

Posted-In: lean hog futuresFutures Commodities Markets

 

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