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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-10 |
67.575 |
p |
+0.875 |
67.950 |
66.700 |
11,308 |
q |
5,279 |
p |
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Apr-10 |
68.775 |
p |
+2.050 |
69.200 |
67.075 |
81,754 |
q |
18,206 |
p |
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May-10 |
74.700 |
p |
+2.225 |
74.750 |
72.500 |
4,580 |
p |
141 |
p |
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Jun-10 |
77.600 |
p |
+2.175 |
77.875 |
75.750 |
45,767 |
q |
4,620 |
p |
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Jul-10 |
77.200 |
p |
+2.400 |
77.250 |
74.800 |
14,823 |
q |
3,092 |
p |
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Aug-10 |
75.775 |
p |
+1.800 |
75.850 |
74.075 |
13,350 |
p |
2,162 |
p |
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Oct-10 |
67.775 |
p |
+0.925 |
67.800 |
66.200 |
6,126 |
p |
667 |
p |
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Dec-10 |
65.500 |
p |
+1.600 |
65.500 |
64.000 |
3,234 |
p |
341 |
p |
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Feb-11 |
68.000 |
p |
+0.800 |
68.000 |
66.750 |
331 |
u |
87 |
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Apr-11 |
70.300 |
q |
-0.100 |
69.975 |
69.725 |
82 |
u |
2 |
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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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Apr-10 |
P |
66.00 |
1.60 |
q |
-0.83 |
2.18 |
1.65 |
945 |
q |
524 |
p |
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Apr-10 |
C |
72.00 |
1.40 |
p |
+0.50 |
1.50 |
1.15 |
2,057 |
q |
492 |
p |
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Feb-10 |
P |
64.00 |
0.08 |
q |
-0.08 |
0.10 |
0.05 |
1,428 |
p |
216 |
p |
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Feb-10 |
C |
66.00 |
1.75 |
p |
+0.60 |
1.95 |
1.25 |
664 |
p |
203 |
p |
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Feb-10 |
P |
68.00 |
0.88 |
q |
-0.73 |
1.18 |
0.68 |
847 |
u |
87 |
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Feb-10 |
P |
67.00 |
0.43 |
q |
-0.50 |
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0.30 |
531 |
p |
50 |
q |
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Apr-10 |
P |
58.00 |
0.35 |
q |
-0.10 |
0.38 |
0.33 |
464 |
u |
49 |
p |
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Feb-10 |
C |
69.00 |
0.23 |
p |
+0.05 |
0.20 |
0.13 |
143 |
u |
40 |
p |
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Feb-10 |
C |
70.00 |
0.13 |
p |
+0.03 |
0.10 |
0.10 |
952 |
q |
38 |
p |
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Jun-10 |
P |
72.00 |
1.90 |
q |
-0.70 |
2.45 |
2.00 |
877 |
p |
38 |
p |
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All Other |
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381 |
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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-5 (Fri) |
66.04 |
69.12 |
3.01 |
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Feb-4 (Thu) |
65.96 |
69.15 |
3.20 |
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Feb-3 (Wed) |
66.11 |
67.60 |
1.64 |
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Feb-2 (Tue) |
66.59 |
69.47 |
3.20 |
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Feb-1 (Mon) |
67.51 |
67.59 |
0.65 |
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One Week Ago |
68.19 |
69.16 |
1.26 |
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Four Weeks Ago |
67.62 |
71.06 |
3.23 |
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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: |
Monday,
February 08, 2010 |
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Region/Measure |
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Morning |
Afternoon |
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National |
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Barrows & Gilts |
3,555 |
15,691 |
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Weighted Average Price |
61.51 |
64.37 |
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Change From Prior |
-1.82 |
+1.04 |
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Iowa/Minnesota |
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Barrows & Gilts |
460 |
6,178 |
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Weighted Average Price |
63.20 |
64.46 |
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Change From Prior |
-0.54 |
+0.72 |
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Eastern Cornbelt |
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Barrows & Gilts |
3,095 |
6,269 |
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Weighted Average Price |
61.25 |
63.56 |
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Change From Prior |
-0.53 |
+1.78 |
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Western Cornbelt |
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Barrows & Gilts |
460 |
9,273 |
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Weighted Average Price |
63.20 |
64.90 |
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Change From Prior |
-0.88 |
+0.82 |
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Source: USDA |
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Carcass
Cutout Value as of Feb-08 (Mon) = 68.82
[Last: 69.12] |
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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-8 (Mon) |
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422,000 |
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Week Ago |
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412,000 |
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Year Ago |
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423,000 |
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Source: USDA |
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