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The first trade day after the weekend saw futures gap weaker at the close and continue fading through the session. The Feb contract closed near the low for the day. The National Average Base Hog price was withheld for confidentiality on Tuesday morning. The Friday PM quote was $47.76. The CME Lean Hog Index was $66.69 for 12/20, a 6 cent weaker quote. The quarterly Hogs and Pigs data from NASS showed 74.971 million head for the herd as of Dec 1. That was even with last year and less than trade estimates for a 0.5% increase. Farrowing intentions were shown at Trader estimates for the Hogs and P…

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