Hogs Fall Lower on Wednesday

AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks Hogs Fall Lower on Wednesday February 20, 2025 — 10:28 am EST Written by Austin Schroeder for Barchart-> Lean hog futures were pressured by a weaker cutout on Wednesday with losses of $3.25 to $3.60. Much of that was likely to long liquidation, with preliminary open interest down 9,466 contracts The Wednesday national average base hog negotiated price was reported at $91.98 by the USDA, up 19 cents from the day prior. The CME Lean Hog Index was another 70 cents higher on February 17 at $90.19Wednesday afternoon’s USDA FOB plant pork cutout value dropped $3.95 to $95.52 per cwt. The belly was the main driver, down $16.75, with the rib the only primal reported higher. The USDA Federally inspected hog slaughter was estimated at 489,000 head on Wednesday, taking the weekly total to 1.457 million head. That is 15,000 head below last week and down 9,166 head from the same week last year.Apr 25 Hogs closed at $89.750, down $3.450,May 25 Hogs closed at $93.625, down $3.250Jun 25 Hogs closed at $101.675, down $3.575, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. More news from Barchart Lean Hog Futures Prices Were Hit Hard by the U.S.-Mexico Trade Row.

Will Hog Bulls Again Show Resilience? Cattle and Hogs in Q4 and 2024 - Where are they Heading in 2025? Where are Animal Protein Prices Heading as the Offseason for Demand Approaches? Where are Animal Proteins Prices Heading in Q3 and Beyond? The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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