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Hogs Falling on Friday

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⚡ Quantum Brief
Lean hog futures dropped sharply on Friday, January 20, 2025, with losses ranging from 80 cents to $2 per contract amid weakened market sentiment. The national average base hog price fell to $78.08, a $2.36 decline from Thursday, while the CME Lean Hog Index rose slightly to $81.19 as of January 15. USDA’s pork cutout value increased by $1.60 to $91.69 per cwt, with only ham and butt primals reporting lower prices, suggesting mixed demand signals. Federally inspected hog slaughter reached 488,000 head on Thursday, pushing the weekly total to 1.935 million—34,000 more than the prior week and above year-ago levels. Futures contracts for February, April, and May 2025 all declined, with May hogs dropping $1.700 to $93.600, reflecting bearish near-term outlook.
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Hogs Falling on Friday

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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 Falling on Friday January 20, 2025 — 09:11 am EST Written by Austin Schroeder for Barchart-> Lean hog futures are trading with Friday losses of 80 cents to $2. The national average base hog negotiated price was reported at $78.08 on Friday morning, down $2.36 from the day prior. The CME Lean Hog Index was reported at $81.19 on January 15, up 9 cents from the previous day. USDA’s FOB plant pork cutout value was $1.60 higher in the Friday AM report at $91.69 per cwt. The ham and butt were the only primals reported lower, with the rest higher. Federally inspected hog slaughter for Thursday was 488,000 head, with the week to date total at 1.935 million head. That is 34,000 head larger than last week and well above the same week last year. Feb 25 Hogs are at $81.500, down $0.800,Apr 25 Hogs are at $88.550, down $2.000May 25 Hogs is at $93.600, down $1.700, 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 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? Can the Meats Rally During the Peak Season in 2024? 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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