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Lean Hogs (P) Futures PricesMonday, May 21st, 2012Current Prices | End-of-Day Prices | Options Quotes | Spread Quotes | Profile
Lean Hogs closed with all contracts in the red. The CME lean hog index for 5/17 was $82.02, up $1.21 from the day before. The pork carcass cutout value rose 21 cents, thanks to a strong performance by the loins. Estimated daily slaughter was on the high side at 418,000 head, vs. 397,000 the same day in 2011. Cash hogs were mixed. The IA/MN direct quote was $1.00 lower than Friday. The WCB was off 98 cents, while the ECB was up 82 cents. The ECB market is still at a $4 discount to the WCB. Jun 12 Hogs closed at $86.700, down $0.725,
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