December hogs closed 70 points higher on the session Friday, and managed to close just 40 lower for the week. February hogs traded sharply higher and rose to the highest prices level since November 7th. Some traders feel that February hogs normally trade near an $8.00-$10.00 premium to the cash market at this time of the year, so a futures price near cash levels this year is seen as a supportive factor for the market. Indications of a continued strong export trend during September, plus an outlook for production to peak in the next few weeks were also seen as strengthening prices. The CME Lean Hog Index as of November 9th came in at 87.82, down 69 cents from the previous session and down from 90.24 the week before. Iowa/Minnesota cash was down 52 cents to $82.28. The estimated hog slaughter came in at 388,000 head Friday and 185,000 head for Saturday. This brought the total for last week to 2.293 million head, down from 2.347 million head the previous week and down from 2.314 million head a year ago. Pork production for the week totaled 472 million pounds, down 2% from last year. Pork cutout values released after the close Friday came in at $90.53, down 27 cents from Thursday and down from $92.04 the previous week.