Lean Hog futures closed Monday mixed, with the front months slightly higher. The CME Lean Hog Index was down 52 cents at $82.33. The weekly Fresh Bacon Index was up $12.48 at $199.32 on 8/9. The USDA pork carcass cutout value was down 25 cents on Monday afternoon at $90.19. The national average base hog value was down another $1.87 in the Monday AM report at $69.00. Estimated FI hog slaughter for Monday is 466,000 head, up 39,000 head from the previous week and 1,000 head below the same week a year ago. Pork production for 2019 is projected at 27.633 billion lbs, down 15 million from the July report. Production in 2020 is expected at 28.41 billion lbs. per USDA.

---provided by Brugler Marketing & Management