Lean Hog futures are steady to $1.90 higher in most contracts at midday. The CME Lean Hog Index was down 39 cents from the previous day @ $56.14 on February 8. The USDA pork carcass cutout value was up $2.14 on Tuesday morning at an average weighted price of $67.60. The often volatile belly primal was up $13.14. The national base cash hog carcass value was down 50 cents in the PM report, with a weighted average of $48.88. USDA estimated FI hog slaughter for Monday at 444,000 head. That is down 28,000 head from the previous week and 18,000 below the same Monday last year.
Feb 19 Hogs are at $55.200, up $0.025,
Apr 19 Hogs are at $60.925, up $1.850
May 19 Hogs are at $69.300, up $1.900
--provided by Brugler Marketing & Management