Mid-Valley Cotton
Cottonhost Reports
Market Data
News
Ag Commentary
Weather
Resources
|
Hogs Firmer on Friday![]() Lean hog futures are trading with contracts up 7 to 20 cents. The national average base hog negotiated price was reported at $78.12 on Friday morning. The CME Lean Hog Index was reported at $81.93 on January 22, up 21 cents from the previous day. Weekly Export Sales data showed pork sales for 2025 totaling 37,741 MT during the week of 1/16. Japan was the buyer of 9,600 MT, with 9,000 MT sold to Mexico. Shipments were tallied at just 22,822 MT, the lowest since early October. Mexico was the destination of 10,300 MT, with 2,700 MT shipped to South Korea. USDA’s FOB plant pork cutout value was 25 cents higher in the Friday AM report at $92.02 per cwt. The ham and belly primals were the only reported higher. Federally inspected hog slaughter for Thursday was at 472,000 head, with the week to date total at 1.82 head. That is 109,000 head below last week and down 109,778 head from the same week last year. Feb 25 Hogs are at $82.325, up $0.200, Apr 25 Hogs are at $87.350, up $0.150 May 25 Hogs is at $92.075, up $0.075, 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. |
|