Lean hog futures see a slight uptick, with most contracts rising between sixty and seventy cents. USDA reports national base hog price at seventy-two dollars and twenty-four cents. CME Lean Hog Index continues downward trend, dropping another forty cents. Weekly export sales data shows decrease in volume, with thirty-two thousand seven hundred and five metric tons sold in the week of October second. Large managed money speculators hold record net long position of one hundred and forty-six thousand two hundred and eighty-eight contracts. USDAs pork carcass cutout value increases by thirty-four cents, reaching ninety-three dollars and forty-eight cents per hundredweight. Federally inspected hog slaughter for Wednesday is four hundred and ninety-four thousand head, bringing the weeks total to one million four hundred and eighty-two thousand head, an increase of thirteen thousand nine hundred and eleven head compared to the same week last year. December, February, and April hogs all see price increases.

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