Hogs Extend Weakness to Tuesday, as Cutout Falls

Lean hog futures posted losses of 45 cents to $1.45 on Tuesday. USDA’s national base hog price was reported at $97.48 on Tuesday afternoon, up $1.37 from the day prior. The CME Lean Hog Index was up 3 cents on June 4 at $92.63. USDA’s pork carcass cutout value from...