Live Hogs
Friday, July 31, 2020

Lean Hog Markets 51-52%

 

Terminals
Date
Price
51-52
Carc
Chng
Live
Equiv
Chng
Western CornBelt
7-31
40.94
- .38
2925
3125
-25
National Trade
7-31
40.94
- .27
2925
3125
-25
2-Day Avg
7-27
51.10
     


 

Terminals
 
Live Price
Chng
   
Sioux Falls
 
30.00
unch
   

USDA Slaughter, Loads, and Cuts
Date
Slgtr
000
Lds
Cuts
Lds
Trim
Cut
Out
17
20
Ham
Butts
Loins
50%
Trim
   
PB
fri
07-24
472
304.5
32.9
69.97
unq
6875
7075
3775
9625
mon
07-27
477
299.9
27.3
70.51
6025
7325
7250
3650
9850
tue
07-28
475
357.4
37.7
68.81
6050
7325
7500
3675
9375
wed
07-29
477
303.8
30.9
67.30
4100
7400
7675
3600
9200
thu
07-30
475
349.8
39.9
67.17
4200
7200
7500
3750
9650
fri
07-31
474
350.7
38.2
64.67
4025
7025
7700
3500
9650
  
   
     
             


this week
  2,543
  
last week
         2,583
 
last year
2,347
 
sat est
182   
 
ytd
74,565              
+.8%

51-52% Cut-Out
67.30
                                                                                 
Product Summary
cutout breaks back as hams give back recent gains

Live Hogs
live hogs on friday were   lower again but higher for the week


USDA LEAN HOG INDEX vs CME JUL LEAN HOG

isclaimer: This information is not to be construed as an offer to sell or a solicitation or an offer to buy the commodities herein named. The factual information of this report has been obtained from sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to the accuracy, and is not to be construed as representation by our firm. The risk of loss when trading futures and options is substantial. Each investor must consider whether this is a suitable investment. Past performance isnot indicative of future results.