Call Hurley & Associates at 1-573-225-5728 for more Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hogs

Daily Market Report

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Twitter: http://www.markethogs.com/

 

 

Web: http://www.leanhog.net/

 

 

EMail:Jeremy Knuson

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FUTURES & OPTIONS - Market Summary

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lean Hogs (LH) Future contracts

Contract

Settle/Change

High - Low

Open Interest

Volume

Aug 15

78.500

-1.175

79.725

77.925

22,205

11,102

Oct 15

63.725

-1.975

65.650

63.050

88,646

18,629

Dec 15

60.450

-1.500

62.050

59.850

48,806

8,076

Feb 16

66.675

-1.000

67.900

65.925

23,470

4,171

Apr 16

71.175

-0.725

72.250

70.275

14,499

1,148

May 16

75.525

-0.725

76.575

76.575

291

2

Jun 16

78.850

-0.775

79.925

77.975

5,674

439

Jul 16

77.825

-0.900

79.100

77.825

870

34

Source: Chicago Mercantile Exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lean Hogs (OH) Options contracts (Top 10 by Volume)

Contract

Call Put

Strike

Premium/Change

High - Low

Open Interest

Volume

Aug-15

Call

79

0.775

-0.700

1.050

0.525

1,680

1,498

Aug-15

Put

77

0.500

+0.200

0.625

0.275

1,049

1,212

Aug-15

Call

80

0.425

-0.500

0.525

0.300

2,472

1,133

Aug-15

Call

78

1.300

-0.875

1.575

0.950

1,615

834

Oct-15

Call

70

1.025

-0.425

1.250

0.900

3,337

755

Aug-15

Put

76

0.325

+0.125

0.375

0.150

3,525

578

Oct-15

Put

62

2.600

+0.875

2.825

2.050

5,287

536

Aug-15

Put

78

0.800

+0.300

1.000

0.475

2,521

506

Aug-15

Put

75

0.225

+0.075

0.225

0.100

259

470

Dec-15

Put

60

3.850

+0.825

4.025

3.050

4,206

342

All Other

 

 

 

 

 

 

 

6,644

Source: Chicago Mercantile Exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CASH & FUNDAMENTALS - Market Summary

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CME Cash Index

Period

CME Lean Hog Index

Pork Cutout Value

Packer margin *

Jul-30 (Thu)

$78.75

$86.02

$7.19

Jul-29 (Wed)

$78.51

$85.26

$6.59

Jul-28 (Tue)

$78.33

$85.89

$7.54

Jul-27 (Mon)

$78.36

$83.94

$5.64

Jul-24 (Fri)

$78.53

$84.33

$5.91

One Week Ago

$78.72

$84.05

$5.41

Four Weeks Ago

$77.04

$80.61

$3.65

Packer margin is estimated as the difference between the National Prior Slaughter Average Price and Pork Cutout Value*

Sources: USDA & Chicago Mercantile Exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

National & Regional Direct Reports

Reports as of Friday, July 31, 2015

Region / measure

Morning

Afternoon

National

Barrows & Gilts

2,853

5,405

Weighted Average Price

$73.27

$74.42

Change From Prior

-$1.30

-$0.15

Iowa/Minnesota

Barrows & Gilts

542

2,839

Weighted Average Price

$73.10

$75.56

Change From Prior

-$2.83

-$0.37

Eastern Cornbelt

Barrows & Gilts

2,091

2,091

Weighted Average Price

$75.02

$74.96

Change From Prior

$1.68

$1.62

Western Cornbelt

Barrows & Gilts

762

3,314

Weighted Average Price

$73.63

$75.23

Change From Prior

-$2.38

-$0.78

Source: USDA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hogs slaughtered Under Federal Inspection

Jul-31 (Fri)

396,000

Week Ago

403,000

Year Ago

261,000

Week-to-date

2,083,000

Same Period Last Week

2,048,000

Same Period Last Year

1,865,000

Source: USDA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

This data and these comments are provided for information purposes only and are not intended to be used for specific trading strategies. Although all information is believed to be reliable, we cannot guarantee its accuracy or completeness. Commodity trading involves risks, and you should fully understand those risks before trading.