Lean hog futures closed the first trade day of the week 15 to 55 cents higher. The CME Lean Hog Index was $76.81 on 10/01, up 7 cents. The Fresh Bacon Index from CME was $194.37 for the week ending 10/02. USDA’s National Average Base Hog price was $1.16 higher in the PM update at $64.48. USDA’s National Pork Carcass Cutout value was $2.85 higher to $95 flat. All of the primal cuts were higher, with the weakest gain coming as a 32 cent cwt. increase for butts. Monday’s FI hog slaughter was estimated at 489,000 head. That starts the week even with LW but 4k head above LY.

--- provided by Brugler Marketing & Management