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 14

106.525

+0.200

106.975

104.625

27,937

7,782

Dec 14

94.475

+0.875

94.575

92.850

107,070

14,168

Feb 15

89.500

-0.100

90.050

88.875

47,954

5,479

Apr 15

90.000

-1.000

91.150

89.625

34,619

4,547

May 15

90.500

-0.500

91.100

90.350

1,002

49

Jun 15

93.525

-0.450

93.975

92.950

16,968

1,483

Jul 15

91.100

-0.600

92.000

90.900

4,308

219

Aug 15

88.750

-0.600

89.525

88.450

2,877

175

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-14

Put

100

0.350

-0.050

0.550

0.400

4,793

568

Oct-14

Call

107

1.550

+0.100

1.700

0.875

1,595

553

Oct-14

Call

110

0.575

+0.025

0.625

0.300

2,845

545

Dec-14

Call

96

3.750

+0.500

3.775

3.000

1,719

514

Oct-14

Put

106

1.550

-0.075

2.450

1.350

2,083

495

Oct-14

Call

105

2.700

+0.150

2.925

1.650

2,807

465

Oct-14

Put

104

0.875

-0.050

1.450

0.825

3,271

416

Dec-14

Put

80

0.650

-0.050

0.800

0.675

1,538

351

Oct-14

Put

107

2.025

-0.100

3.075

1.850

867

339

Dec-14

Put

84

1.150

-0.100

1.400

1.175

1,662

288

All Other

 

 

 

 

 

 

 

7,907

Source: Chicago Mercantile Exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CASH & FUNDAMENTALS - Market Summary

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CME Cash Index

Period

CME Lean Hog Index

Pork Cutout Value

Packer margin *

Sep-25 (Thu)

$107.64

$118.12

$10.24

Sep-24 (Wed)

$111.55

$116.71

$9.30

Sep-23 (Tue)

$111.55

$116.00

$9.26

Sep-22 (Mon)

$111.55

$114.61

$8.29

Sep-19 (Fri)

$111.55

$112.91

$7.65

One Week Ago

$105.14

$111.98

$6.63

Four Weeks Ago

$97.56

$99.45

$2.56

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, September 26, 2014

Region / measure

Morning

Afternoon

National

Barrows & Gilts

2,018

7,394

Weighted Average Price

$101.30

$106.64

Change From Prior

-$4.28

$1.06

Iowa/Minnesota

Barrows & Gilts

55

4,776

Weighted Average Price

 

$108.95

Change From Prior

 

$1.26

Eastern Cornbelt

Barrows & Gilts

1,875

2,045

Weighted Average Price

$105.40

$104.95

Change From Prior

$4.28

$3.83

Western Cornbelt

Barrows & Gilts

143

5,349

Weighted Average Price

 

$108.66

Change From Prior

 

$1.34

Source: USDA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hogs slaughtered Under Federal Inspection

Sep-26 (Fri)

368,000

Week Ago

369,000

Year Ago

415,000

Week-to-date

2,032,000

Same Period Last Week

2,016,000

Same Period Last Year

2,125,000

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.