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 14

125.100

-1.975

126.950

124.750

44,017

19,144

Oct 14

112.700

-0.850

113.625

112.225

91,831

15,975

Dec 14

103.900

+0.300

104.250

102.675

62,459

5,236

Feb 15

99.450

+0.175

99.750

98.300

28,288

3,302

Apr 15

97.000

-0.175

97.200

96.550

14,732

715

May 15

95.500

+0.000

95.750

95.500

592

11

Jun 15

97.250

-0.050

97.350

96.800

7,776

411

Jul 15

94.550

+0.050

94.900

94.300

998

143

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-14

Call

136

0.150

-0.150

0.225

0.150

1,884

701

Aug-14

Call

128

1.100

-0.950

1.500

1.000

887

673

Oct-14

Put

103

1.325

-0.025

1.400

1.200

 

636

Aug-14

Put

123

1.325

+0.325

1.450

1.000

922

596

Oct-14

Put

102

1.125

-0.025

1.200

1.000

820

580

Aug-14

Call

138

0.100

-0.100

0.150

0.100

988

403

Aug-14

Put

130

5.550

+1.350

5.700

4.500

948

313

Aug-14

Call

130

0.650

-0.625

1.000

0.600

2,538

285

Aug-14

Call

135

0.200

-0.175

0.300

0.200

805

268

Aug-14

Call

131

0.500

-0.500

0.600

0.475

1,249

231

All Other

 

 

 

 

 

 

 

3,676

Source: Chicago Mercantile Exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CASH & FUNDAMENTALS - Market Summary

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CME Cash Index

Period

CME Lean Hog Index

Pork Cutout Value

Packer margin *

Jul-18 (Fri)

$133.16

$136.78

$3.96

Jul-17 (Thu)

$111.55

$135.96

$2.55

Jul-16 (Wed)

$111.55

$134.71

$0.55

Jul-15 (Tue)

$111.55

$134.44

$0.25

Jul-14 (Mon)

$111.55

$134.25

$0.44

One Week Ago

$132.78

$134.18

$1.33

Four Weeks Ago

$120.39

$126.69

$5.71

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 Monday, July 21, 2014

Region / measure

Morning

Afternoon

National

Barrows & Gilts

2,559

5,829

Weighted Average Price

$126.29

$127.00

Change From Prior

-$1.05

-$0.34

Iowa/Minnesota

Barrows & Gilts

139

2,613

Weighted Average Price

 

$127.65

Change From Prior

 

$0.01

Eastern Cornbelt

Barrows & Gilts

2,420

2,930

Weighted Average Price

$128.37

$126.57

Change From Prior

$1.23

-$0.57

Western Cornbelt

Barrows & Gilts

139

2,899

Weighted Average Price

 

$127.43

Change From Prior

 

-$0.17

Source: USDA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hogs slaughtered Under Federal Inspection

Jul-21 (Mon)

372,000

Week Ago

363,000

Year Ago

395,000

 

 

 

 

 

 

Source: USDA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

This data and these comments are provided for information purposes only and are not intended to be used for specific trading startegies. 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.