Hogs Rally on Friday as Cutout Boast Gains

Lean hog futures posted a Friday rally, as contracts were up $1.30 to $2. June was up $3.02 this week. USDA’s national average base hog negotiated price was reported at $95.40 on Friday afternoon, a $3.55 drop from the day prior. The CME Lean Hog Index was up 61 cents…