Front month lean hog futures ended the day with 17 to 40 cent gains. Dec hogs were a dime weaker on the day, adding carry back into the market from Dec to Feb. The 10/23 CME Lean Hog Index was down by 37 cents to $78.17. The IA/MN base hog price was quoted 87 cents higher at $63.42. USDA’s National Average Afternoon Base Hog price was $62.56, back up by $2.05. The National Pork Carcass Cutout value was $88.83, down $3.03 and the lowest since September 22. Hams were down the most with a $10.86 drop to $80.41 cwt. Federally inspected hog slaughter for Tuesday was estimated at 492,000 head. USDA revised Monday’s kill 5k lower, setting the week’s estimate at 979,000. That is still 14,000 above last week, but down 4,000 yr/yr.

--- provided by Brugler Marketing & Management