“`html
Lean hog futures showed recovery on Monday, October 9, with gains ranging from 30 cents to $1. The USDA’s national base hog price was not reported due to light volume, while the 50-day rolling average stood at $97.31. The CME Lean Hog Index decreased by 65 cents to $99.43.
USDA’s report indicated a pork cutout increase of $2.16, reaching $106.58 per cwt, although ham was the only primal reported lower. Estimated federally inspected hog slaughter for the week was 2.577 million head, a decrease of 25,000 head from the previous week and 6,066 head less than the same week last year.
“`
