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Pork cutout futures ended Friday 40 cents lower in October though 87 cents higher in August. The Pork Carcass Cutout Value was another 15 cents stronger to $115.29. Bellies were quoted $18.29 higher to over $200 cwt. USDA estimated FI hog slaughter for the week through Saturday at 2.316m head. That is below the 2.328m head last week, but up 21k head yr/yr, according to Alan Brugler of Barchart.
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Austin Schroeder at Barchart.com said, “Lean hog futures closed Wednesday with contracts up 25 cents to $1.85 higher. USDA’s national base hog…
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