Friday hog trading pushed futures $1.80 to $2.45 lower, save for a 90 cent dip in Dec. From Friday to Friday, Dec hogs were UNCH at $64.90. CME’s Pork Cutout Futures were down triple digits as well with $1.45 to $1.52 losses. USDA’s National Pork Carcass Cutout value was $80.14 in the PM report, down by $2.94. Picnic primals were $3.84 stronger, but offset by large reductions in the other cuts. The CME Lean Hog Index for the 11th was 5 cents weaker at $71.32. USDA’s National Average Base Hog price was back down by 33 cents lower again to $59.59. USDA estimates the week’s FI hog slaughter through Saturday at 2.688 million head. That is down 25k wk/wk and 73k from year to year. YTD slaughter remains 0.9% ahead of 2019’s pace with 113.739 million head.

— provided by Brugler Marketing & Management