Lean Hogs Market News and Commentary

Lean Hog futures settled with 42.5 cent to $1.55 losses in the front months on Monday, with a few deferred contracts higher. The CME Lean Hog Index was up another 27 cents from the previous day @ $78.53 on April 4. April futures will expire this Friday. The USDA pork carcass cutout value was $1.45 higher at $83.29 per cwt. The national base hog carcass value was down 38 cents in the afternoon report, at an average weighted price of $75.40. Estimated FI hog slaughter was 475,000 head for Monday, down 1,000 from the previous week but 24,000 above last year.

--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.