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

May 15

71.950

+0.025

72.325

71.600

2,670

206

Jun 15

79.450

+1.125

79.700

77.750

95,196

17,487

Jul 15

80.750

+0.850

81.050

79.250

22,426

5,559

Aug 15

80.750

+0.725

81.050

79.400

34,026

5,591

Oct 15

71.875

+0.325

71.950

71.000

40,591

3,585

Dec 15

68.900

+0.250

69.000

68.150

17,406

1,991

Feb 16

71.275

+0.025

71.500

70.850

4,003

791

Apr 16

73.400

+0.150

73.550

72.900

1,662

144

Source: Chicago Mercantile Exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

Contract

Call Put

Strike

Premium/Change

High - Low

Open Interest

Volume

Jun-15

Put

66

0.225

-0.050

0.275

0.225

3,073

1,253

Oct-15

Put

70

3.850

-0.275

4.175

4.025

2,900

739

Oct-15

Call

76

2.975

+0.025

3.000

2.850

1,365

736

Aug-15

Put

70

1.075

-0.125

1.225

1.025

1,837

610

Jun-15

Call

82

1.800

+0.300

1.925

1.375

2,762

503

Dec-15

Put

68

4.750

-0.125

4.925

4.700

2,832

462

Dec-15

Call

76

2.400

-0.050

2.500

2.475

3,347

424

Jun-15

Call

78

3.675

+0.550

3.825

2.850

1,731

396

Dec-15

Put

58

1.475

-0.075

 

 

2,430

348

Dec-15

Call

78

1.900

-0.025

 

 

1,188

331

All Other

 

 

 

 

 

 

 

5,423

Source: Chicago Mercantile Exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CASH & FUNDAMENTALS - Market Summary

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CME Cash Index

Period

CME Lean Hog Index

Pork Cutout Value

Packer margin *

Apr-23 (Thu)

$65.39

$68.89

$3.34

Apr-22 (Wed)

$65.18

$66.91

$1.68

Apr-21 (Tue)

$65.10

$67.82

$2.68

Apr-20 (Mon)

$64.76

$66.62

$1.57

Apr-17 (Fri)

$64.27

$67.26

$2.73

One Week Ago

$63.73

$65.67

$1.71

Four Weeks Ago

$60.39

$66.71

$6.42

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, April 24, 2015

Region / measure

Morning

Afternoon

National

Barrows & Gilts

2,030

8,012

Weighted Average Price

$62.23

$63.96

Change From Prior

-$0.77

$0.96

Iowa/Minnesota

Barrows & Gilts

360

5,690

Weighted Average Price

 

$64.75

Change From Prior

 

$0.87

Eastern Cornbelt

Barrows & Gilts

1,490

1,835

Weighted Average Price

$62.72

$63.56

Change From Prior

-$1.84

-$1.00

Western Cornbelt

Barrows & Gilts

540

6,177

Weighted Average Price

 

$64.59

Change From Prior

 

$0.77

Source: USDA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hogs slaughtered Under Federal Inspection

Apr-24 (Fri)

417,000

Week Ago

419,000

Year Ago

411,000

Week-to-date

2,135,000

Same Period Last Week

2,164,000

Same Period Last Year

1,928,000

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.