**Lean hog futures are experiencing losses, ranging from 25 to 75 cents, as of Tuesday midday.** The national average base hog price is reported at $78.84, down 90 cents from the previous day. The CME Lean Hog Index stands at $83.84 as of December 13, reflecting a decrease of 6 cents.
On the same day, USDA reported the FOB plant pork cutout value at $94.63 per cwt, down 64 cents. Estimated hog slaughter on Monday totaled 487,000 head, which is 2,000 head less than the prior week but up 7,777 head compared to the same Monday last year.
As for specific futures, February 25 Hogs are priced at $82.825 (down $0.725), April 25 Hogs at $87.775 (down $0.475), and May 25 Hogs at $91.725 (down $0.250).
