Hogs Extending Restoration on Friday | U.S. Finance Information
Lean hog futures are trading with 27 cent to $1.60 good points to this point on Friday. USDA’s national average base hog negotiated price was reported at $88.69 on Friday morning. The CME Lean Hog Index was down one other 2 cents from the day before today on March 5 at $90.18.
USDA’s FOB plant pork cutout from Friday morning was $4.22 greater to $100.71 per cwt. All primals have been reported greater, with the stomach main the best way, up $10.31. USDA estimated Thursday’s Federally inspected hog slaughter at 485,000 head, with the week to this point complete at 1.817 million head. That’s 141,000 head under final week and 76,135 head behind the identical week final yr.
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Apr 25 Hogs are at $86.925, up $0.275,
Might 25 Hogs are at $90.750, up $1.075
Jun 25 Hogs is at $98.625, up $1.600,
On the date of publication,
Austin Schroeder
didn’t have (both straight or not directly) positions in any of the securities talked about on this article. All info and information on this article is solely for informational functions. For more info please view the Barchart Disclosure Coverage
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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.
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