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

Oct 15

66.425

-0.625

67.050

66.000

73,942

13,140

Dec 15

62.050

+0.000

62.550

61.125

51,802

7,116

Feb 16

66.175

-0.250

66.725

65.625

27,463

2,766

Apr 16

70.050

-0.200

70.525

69.725

22,322

1,725

May 16

74.825

-0.325

74.850

74.800

347

7

Jun 16

78.500

-0.025

78.800

78.100

8,253

578

Jul 16

77.600

-0.175

77.775

77.500

1,187

34

Aug 16

76.625

+0.075

76.650

76.150

675

43

Source: Chicago Mercantile Exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

Contract

Call Put

Strike

Premium/Change

High - Low

Open Interest

Volume

Oct-15

Call

71

1.000

-0.275

1.150

1.000

1,010

630

Oct-15

Call

70

1.275

-0.325

1.525

1.275

5,423

417

Oct-15

Put

60

0.675

+0.025

0.800

0.625

5,026

388

Oct-15

Call

66

2.975

-0.425

3.375

2.900

1,802

363

Oct-15

Put

58

0.400

+0.025

0.475

0.400

2,675

354

Oct-15

Put

62

1.125

+0.100

1.250

1.050

4,799

307

Oct-15

Put

66

2.550

+0.200

2.825

2.375

5,225

232

Oct-15

Call

74

0.450

-0.150

0.550

0.450

2,230

213

Dec-15

Call

70

1.025

+0.000

1.100

0.900

4,851

134

Oct-15

Call

76

0.250

-0.100

0.300

0.225

2,601

127

All Other

 

 

 

 

 

 

 

1,182

Source: Chicago Mercantile Exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CASH & FUNDAMENTALS - Market Summary

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CME Cash Index

Period

CME Lean Hog Index

Pork Cutout Value

Packer margin *

Aug-27 (Thu)

$78.28

$84.27

$6.26

Aug-26 (Wed)

$78.68

$85.41

$6.86

Aug-25 (Tue)

$78.79

$87.81

$8.99

Aug-24 (Mon)

$78.79

$87.22

$8.46

Aug-21 (Fri)

$78.89

$87.28

$8.47

One Week Ago

$79.09

$87.13

$8.14

Four Weeks Ago

$78.75

$86.02

$7.19

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, August 28, 2015

Region / measure

Morning

Afternoon

National

Barrows & Gilts

3,605

5,232

Weighted Average Price

$71.05

$71.38

Change From Prior

-$1.59

-$1.26

Iowa/Minnesota

Barrows & Gilts

535

1,657

Weighted Average Price

$73.49

$72.20

Change From Prior

$0.19

-$1.10

Eastern Cornbelt

Barrows & Gilts

2,895

2,895

Weighted Average Price

$71.23

$71.23

Change From Prior

-$4.92

-$4.92

Western Cornbelt

Barrows & Gilts

710

2,337

Weighted Average Price

$70.34

$71.58

Change From Prior

-$2.77

-$1.53

Source: USDA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hogs slaughtered Under Federal Inspection

Aug-28 (Fri)

402,000

Week Ago

406,000

Year Ago

332,000

Week-to-date

2,110,000

Same Period Last Week

2,094,000

Same Period Last Year

1,982,000

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.