Hog Market: Cutout Values Drop, Slaughter Rates Climb

Hog futures nudge up, but pork cutout values take a dive! Lean hog futures closed slightly higher, while the pork carcass cutout value plunged, especially the belly, which fell over four dollars. Hog slaughter is up, exceeding both last week and last year, adding pressure to prices. Is volatility ahead for the pork market this fall?The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.