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Notice: check out my daily hog and feed
commentary at www.leanhog.net |
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NEARBY MONTH SETTLE -
Last 30 Days |
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HOG FUTURES (LH) |
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Month |
Settle & Change |
High - Low |
Open Interest |
Volume |
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Feb-12 |
87.525 |
q |
-0.050 |
87.975 |
87.450 |
14,228 |
q |
2,583 |
q |
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Apr-12 |
88.925 |
q |
-0.825 |
90.400 |
88.675 |
92,662 |
p |
15,256 |
q |
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May-12 |
97.250 |
q |
-0.300 |
97.700 |
96.900 |
2,887 |
p |
97 |
q |
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Jun-12 |
98.100 |
q |
-0.650 |
99.375 |
97.975 |
60,745 |
q |
7,710 |
p |
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Jul-12 |
98.800 |
q |
-0.350 |
99.750 |
98.525 |
21,289 |
p |
3,342 |
p |
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Aug-12 |
98.275 |
p |
+0.050 |
99.050 |
98.100 |
20,403 |
q |
4,039 |
p |
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Oct-12 |
89.325 |
p |
+0.475 |
89.625 |
88.800 |
19,574 |
p |
4,296 |
p |
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Dec-12 |
84.800 |
p |
+0.325 |
85.050 |
84.375 |
11,177 |
p |
2,246 |
p |
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Feb-13 |
85.450 |
p |
+0.300 |
85.875 |
85.125 |
3,405 |
p |
638 |
p |
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Apr-13 |
86.250 |
p |
+0.150 |
86.900 |
86.150 |
1,206 |
p |
394 |
p |
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Source:
Chicago Mercantile Exchange |
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HOG OPTION -
Open Interest (All Strikes) |
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HOG OPTIONS
(OH) -Top 10 By Volume Traded |
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Month |
* |
Strike |
Premium & Change |
High - Low |
Open Interest |
Volume |
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Feb-12 |
P |
86.00 |
0.18 |
u |
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0.18 |
0.05 |
3,163 |
q |
334 |
p |
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Feb-12 |
C |
88.00 |
0.43 |
q |
-0.05 |
0.55 |
0.38 |
1,923 |
p |
276 |
p |
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Dec-12 |
C |
86.00 |
4.88 |
p |
+0.15 |
4.93 |
4.80 |
192 |
u |
257 |
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Feb-12 |
C |
89.00 |
0.15 |
q |
-0.05 |
0.18 |
0.18 |
1,162 |
q |
232 |
p |
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Dec-12 |
P |
86.00 |
6.08 |
q |
-0.18 |
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6.13 |
30 |
u |
230 |
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Jul-12 |
P |
100.00 |
5.45 |
p |
+0.13 |
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5.18 |
30 |
u |
225 |
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Jul-12 |
C |
100.00 |
4.25 |
q |
-0.23 |
4.55 |
4.33 |
336 |
u |
225 |
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Apr-12 |
C |
92.00 |
1.50 |
q |
-0.33 |
2.03 |
1.50 |
489 |
p |
220 |
p |
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Apr-12 |
C |
93.00 |
1.20 |
q |
-0.28 |
1.63 |
1.20 |
71 |
u |
161 |
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Jun-12 |
C |
104.00 |
2.00 |
q |
-0.23 |
2.38 |
2.08 |
4,491 |
p |
157 |
q |
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All Other |
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3,114 |
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* C = Call, P = Put |
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Source:
Chicago Mercantile Exchange |
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CME LEAN HOG
INDEX & PACKER MARGIN |
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CME LEAN HOG INDEX LAST/NEXT 30 DAY TREND |
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Period |
CME Lean Hog Index |
Pork Cutout Value |
Packer Margin * |
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Feb-2
(Thu) |
88.07 |
84.95 |
-3.07 |
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Feb-1 (Wed) |
88.09 |
85.27 |
-2.85 |
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Jan-31 (Tue) |
87.94 |
85.17 |
-2.88 |
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Jan-30 (Mon) |
87.78 |
83.91 |
-3.92 |
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Jan-27 (Fri) |
87.71 |
83.26 |
-4.48 |
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One Week Ago |
87.35 |
83.29 |
-4.39 |
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Four Weeks Ago |
82.37 |
84.33 |
1.87 |
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Packer margin is estimated as the difference between the
National Prior Slaughter Average Price and Pork Cutout Value* |
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Sources:
USDA & Chicago Mercantile Exchange |
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NATIONAL AND
REGIONAL DIRECT REPORT |
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NATIONAL CARLOT CUTOUT VALUES |
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Reports as of: |
Friday,
February 03, 2012 |
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Region/Measure |
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Morning |
Afternoon |
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National |
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Barrows & Gilts |
3,083 |
6,688 |
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Weighted Average Price |
81.50 |
83.81 |
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Change From Prior |
-3.64 |
-1.33 |
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Iowa/Minnesota |
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Barrows & Gilts |
355 |
3,309 |
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Weighted Average Price |
86.23 |
86.08 |
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Change From Prior |
-1.43 |
-1.58 |
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Eastern Cornbelt |
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Barrows & Gilts |
2,590 |
2,960 |
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Weighted Average Price |
80.81 |
81.30 |
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Change From Prior |
-2.97 |
-2.48 |
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Western Cornbelt |
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Barrows & Gilts |
493 |
3,614 |
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Weighted Average Price |
85.14 |
85.82 |
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Change From Prior |
-1.99 |
-1.31 |
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Source: USDA |
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Carcass
Cutout Value as of Feb-03 (Fri) = 85.10 [Last: 84.95] |
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HOG
SLAUGHTER UNDER FED. INSPECTION |
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SLAUGHTER UNDER FEDERAL INSPECTION |
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Period |
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Slaughtered Head |
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Feb-3
(Fri) |
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400,000 |
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Week Ago |
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407,000 |
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Year Ago |
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398,000 |
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Week-to-date |
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2,050,000 |
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Same Period Last Week |
2,109,000 |
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Same Period Last Year |
1,829,000 |
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Source: USDA |
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