CIH Hog Team

The Hog Team at Commodity & Ingredient Hedging (CIH).

[CIH Hog Team @CIHHogTeam]

Pork carcass cutout $79.64, -$2.07 on the day and -$5.65 week over week (vs Thu 1 Oct).

Negotiated base price $72.51, +$0.07 on the day, on 761 head.

Picnic +$2.38 the lone gainer; belly -$7.45 drove the decline, with ham -$2.07 and loin -$1.90 easing.

#hogs #pork

[CIH Hog Team @CIHHogTeam]

Pork carcass cutout $81.71, -$2.13 on the day and -$3.24 week over week (vs Wed 30 Sep).

Negotiated base price $72.44, -$3.30 on the day, on 1,801 head.

Butt +$0.87 the only gainer; belly -$6.64 and ham -$2.74 led the decline.

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[CIH Hog Team @CIHHogTeam]

Pork carcass cutout $83.84, -$2.17 on the day and -$3.93 week over week (vs Tue 29 Sep).

Negotiated base price $75.74, -$1.07 on the day, on 6,700 head.

Belly +$0.87 and butt +$0.25 firmed; picnic -$9.05 and ham -$3.91 led the decline.

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[CIH Hog Team @CIHHogTeam]

Pork carcass cutout $86.01, +$1.53 on the day and -$1.79 week over week (vs Mon 28 Sep).

Negotiated base price $76.81, -$0.42 on the day, on 1,539 head.

Loin +$3.30 and picnic +$3.29 led; butt -$1.19 and ham -$0.94 eased.

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[CIH Hog Team @CIHHogTeam]

Pork carcass cutout $84.48, -$0.81 on the day and -$2.26 week over week (vs Fri 25 Sep).

Negotiated base price $77.23, +$0.30 on the day, on 739 head.

Picnic +$4.55; ham -$2.73 and butt -$2.61 eased.

#hogs #pork

[CIH Hog Team @CIHHogTeam]

Pork carcass cutout $85.29, +$0.34 on the day and -$0.81 week over week (vs Thu 24 Sep).

Negotiated base price $76.93, -$0.79 on the day, on just 614 head.

Picnic -$3.69, butt +$3.58 and ham +$1.26.

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[CIH Hog Team @CIHHogTeam]

Pork carcass cutout $87.77, -$0.03 on the day and -$0.22 week over week (vs Tue 22 Sep).

Negotiated base price $78.74, -$0.48 on the day, on 12,715 head.

Belly +$6.73 carried it; picnic -$2.11 and loin -$1.60 eased.

#hogs #pork

[CIH Hog Team @CIHHogTeam]

Pork carcass cutout $86.74, +$0.64 on the day and -$0.24 week over week (vs Fri 18 Sep).

Negotiated base price $78.68, -$0.27 on the day, on 1,272 head.

Belly +$7.81 carried it; ham -$2.46 and butt -$1.60 eased.

#hogs #pork

[CIH Hog Team @CIHHogTeam]

Pork carcass cutout $86.10, -$0.72 on the day and -$1.44 week over week (vs Thu 17 Sep).

Negotiated base price $78.95, -$0.70 on the day, on just 930 head.

Belly -$3.33 carried it; loin +$1.58 and butt +$0.40 firmed.

#hogs #pork

[CIH Hog Team @CIHHogTeam]

Sept Hogs & Pigs: all hogs & pigs 74.302 mil head, 98.49% of a year ago and 0.71% under the average trade estimate.

Breeding herd 5.875 mil, 98.96%. Every weight class under year ago.

Pigs/litter 11.96 and Dec–Feb far. int. 102.12% were the only lines above the trade.

#hogs

[CIH Hog Team @CIHHogTeam]

Pork net export sales 35,300 MT for the week ending Sept 17, +17% from the prior week and +8% vs the 4-week average.

Exports shipped 32,100 MT, +16% on the week and the heaviest since w/e July 23.

Mexico took 16,700 MT of shipments. China committed 6,900 MT and shipped 2,000 MT

[CIH Hog Team @CIHHogTeam]

Pork carcass cutout $86.82, -$1.17 on the day and +$0.47 week over week (vs Wed 16 Sep), on 322.64 loads.

Negotiated base price $79.65, -$0.25 on the day, on 3,843 head.

Every primal lower: rib -$2.68, picnic -$2.65 and ham -$2.44 led it down; belly -$0.07 held.

#hogs #pork

[CIH Hog Team @CIHHogTeam]

Pork carcass cutout $87.99, -$0.92 on the day and +$0.49 week over week (vs Tue 15 Sep).

Negotiated base price $79.77, -$0.58 on the day.

#hogs #pork