Hogs Dip Slightly on Monday

1 min read | August 26, 2024 08:41 PM PDT | By Team Kalkine Media

Google News:

Hogs Dip Slightly on Monday — Image source: Shutterstock

Recent News

Russell1000 Rally After AptarGroup Q1 Earnings Beat on Revenue Surge?

Is Constellium Driving Russell 1000 Index Metals Rally Further?

Is Delek US Holdings powering Russell 1000 energy gains today?

Why Is Fresenius Medical Care Stock Trending Right Now

Make Kalkine Media
My Trusted Source

Headlines

Lean Hogs Experience Minor Decline

National Average Hog Price Falls

Pork Stocks Drop in July

Lean hog futures experienced a modest decline on Monday, with prices slipping between 5 and 25 cents. The national average base hog price decreased to $80.17, a 59-cent drop from the previous day. The CME Lean Hog Index also fell to $88.22, down 61 cents. Pork stocks at the end of July totaled 450.7 million lbs, reflecting a 5.09% decrease from June and a 4.26% drop from last year. The USDA’s FOB plant pork cutout value declined by $4.07 to $94.98 per cwt, with only the rib and picnic primals showing increases. The Monday FI hog slaughter was reported at 484,000 head, slightly higher than the previous week and up from last year.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.