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Hogs Mixed at Midday

Barchart
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⚡ Quantum Brief
Lean hog futures showed mixed midday trading on January 16, 2025, with the February contract dropping 55 cents while April and May contracts rose 40-55 cents. The national average base hog price was unreported due to packer submission issues, though the CME Lean Hog Index climbed 23 cents to $80.99 on January 13. USDA’s pork cutout value increased 91 cents to $91.12 per cwt, with only loin and belly primals declining in the Wednesday AM report. Federally inspected hog slaughter reached 477,000 head on Tuesday, bringing the week-to-date total to 963,000—29,000 more than last week and 143,121 above the same period last year. February hogs closed at $83.075 (down $0.550), while April and May contracts rose to $90.975 and $95.575, respectively.
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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 Mixed at Midday January 16, 2025 — 09:44 am EST Written by Austin Schroeder for Barchart-> Lean hog futures are down 55 cents in the nearby Feb contract, with other front months up 40 to 55 cents. The national average base hog negotiated price was not reported on Wednesday morning due to packer submission issues. The CME Lean Hog Index was reported at $80.99 on January 13, up 23 cents from the previous day.USDA’s FOB plant pork cutout value was 91 cents higher in the Wednesday AM report at $91.12 per cwt. The loin and belly were the only primals reported lower. Federally inspected hog slaughter for Tuesday was 477,000 head, with the weed to date total at 963,000 head. That is 29,000 head larger than last week and 143,121 head above the same week last year. Feb 25 Hogs are at $83.075, down $0.550,Apr 25 Hogs are at $90.975, up $0.475May 25 Hogs is at $95.575, up $0.500, 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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