
Hogs Fall Lower on Tuesday

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Lean hog futures experienced losses of 25 cents to $1.12 on Tuesday, with USDA's national base hog price at $94.87, down a penny. The CME Lean Hog Index rose 4 cents to $90.50. Pork carcass cutout value fell by $1.48 to $96.88 per cwt. Estimated hog slaughter was 485,000 head, totaling 939,000 for the week, down 9,000 from last Monday and 25,538 from the same week last year.
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