{"id":1916,"date":"2024-07-05T10:09:56","date_gmt":"2024-07-05T10:09:56","guid":{"rendered":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/?p=1916"},"modified":"2024-07-05T10:11:04","modified_gmt":"2024-07-05T10:11:04","slug":"hogs-close-triple-digits-in-the-red","status":"publish","type":"post","link":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/hogs-close-triple-digits-in-the-red\/","title":{"rendered":"Hogs Close Triple Digits in the Red"},"content":{"rendered":"\n<p>Friday hog trading pushed futures $1.80 to $2.45 lower, save for a 90 cent fall in Dec. From Friday to Friday, Dec hogs were UNCH at $64.90. CME\u2019s Pork Cutout Futures were down triple digits as well with $1.45 to $1.52 losses. USDA\u2019s 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. USDA\u2019s Export Sales report showed a steady 42,519 MT of pork for 2020 booked on the week ending 11\/5. China was the top purchaser with 50% of the total. USDA also reported about 16,100 MT sold for 2021 shipment. Weekly data suggests that the 2020 pork export program is a new all time record, as the 38,126 MT pushed YTD shipments above 2019\u2019s full year total. With still 8 weeks of business to report, accumulated exports sit at 1.634 MMT so far. The CME Lean Hog Index for the 11th was 5 cents weaker at $71.32. USDA\u2019s National Average Base Hog price was back down by 33 cents lower again to $59.59. USDA estimates the week\u2019s 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\u2019s pace with 113.739 million head.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Dec 20 Hogs closed at $64.900, down $0.900,<\/td><\/tr><tr><td>Feb 21 Hogs closed at $64.575, down $2.150<\/td><\/tr><tr><td>Apr 21 Hogs closed at $68.025, down $2.325<\/td><\/tr><tr><td>Dec 20 Pork Cutoutclosed at $79.800, down $1.825,<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>&#8212; provided by Brugler Marketing &amp; Management<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Friday hog trading pushed futures $1.80 to $2.45 lower, save for a 90 cent fall in Dec. From Friday to Friday, Dec hogs were UNCH at $64.90. CME\u2019s Pork Cutout [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,12],"tags":[],"class_list":["post-1916","post","type-post","status-publish","format-standard","hentry","category-alan-brugler","category-hogs","entry"],"_links":{"self":[{"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/posts\/1916","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/comments?post=1916"}],"version-history":[{"count":1,"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/posts\/1916\/revisions"}],"predecessor-version":[{"id":1917,"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/posts\/1916\/revisions\/1917"}],"wp:attachment":[{"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/media?parent=1916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/categories?post=1916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jwilsonpaving.ca\/wilsonfarms\/wp-json\/wp\/v2\/tags?post=1916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}