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NEARBY MONTH SETTLE - Last 30 Days     HOG FUTURES (LH)            
 
  Month Settle & Change High - Low Open Interest Volume  
    May-14 121.500 q -0.175 123.000 119.725 3,993 p 217 q
    Jun-14 122.525 q -0.125 124.675 121.200 98,870 p 20,886 p
    Jul-14 119.975 p +0.475 121.825 118.700 27,320 p 3,999 p
    Aug-14 118.575 p +0.350 120.800 117.450 40,563 p 4,679 p
    Oct-14 98.900 q -0.950 100.575 98.025 38,623 q 5,230 p
    Dec-14 88.700 q -1.150 90.000 88.275 29,271 p 1,296 p
    Feb-15 86.850 q -0.050 86.800 85.800 10,093 p 76 p
    Apr-15 85.850 q -0.400 86.750 85.600 6,066 p 70 p
    May-15 90.600 u       285 p q
    Jun-15 91.000 u   91.450 91.000 1,236 p 34 p
            Source: Chicago Mercantile Exchange
HOG OPTION - Open Interest (All Strikes) HOG OPTIONS (OH) -Top 10 By Volume Traded
 
  Month * Strike Premium & Change High - Low Open Interest Volume
    Jun-14 C 130.00 1.78 q -0.23 2.63 1.25 3,473 p 2,022 p
    Jun-14 C 129.00 2.03 2.93 1.58 1,237  
    Jun-14 C 126.00 2.93 q -0.28 4.10 2.30 3,288 p 701 p
    Jun-14 C 132.00 1.38 q -0.20 2.08 1.03 1,312 q 695 p
    Jun-14 C 128.00 2.30 q -0.23 3.25 1.80 3,250 u 556 p
    Jun-14 C 124.00 3.73 q -0.25 4.98 3.05 2,287 u 456  
    Jun-14 P 122.00 4.10 q -0.18 4.70 3.50 2,027 p 438 p
    Jun-14 C 131.00 1.55 2.33 1.18 406  
    Jun-14 P 124.00 5.20 q -0.13 5.83 4.43 2,322 u 355 p
    Jun-14 C 134.00 1.05 q -0.18 1.65 0.80 1,421 u 345 p
    All Other               4,668  
        * C = Call, P = Put       Source: Chicago Mercantile Exchange
CME LEAN HOG INDEX & PACKER MARGIN CME LEAN HOG INDEX LAST/NEXT 30 DAY TREND
Period CME Lean Hog Index Pork Cutout Value Packer Margin *
 
 
Apr-14 (Mon) 124.12        
Apr-11 (Fri) 125.55      
Apr-10 (Thu) 126.75        
Apr-9 (Wed) 127.79      
Apr-8 (Tue) 128.62        
One Week Ago 129.19      
Four Weeks Ago 112.67        
Packer margin is estimated as the difference between the National Prior Slaughter Average Price and Pork Cutout Value*    
Sources: USDA & Chicago Mercantile Exchange                        
NATIONAL AND REGIONAL DIRECT REPORT NATIONAL CARLOT CUTOUT VALUES
Reports as of: Tuesday, April 15, 2014
 
 
Region/Measure   Morning Afternoon    
National      
Barrows & Gilts 3,561 7,091    
Weighted Average Price 116.00 116.79    
Change From Prior -1.91 -1.12    
Iowa/Minnesota      
Barrows & Gilts 598 3,663    
Weighted Average Price   117.56    
Change From Prior -1.36    
Eastern Cornbelt      
Barrows & Gilts 2,945 2,945    
Weighted Average Price 118.69 120.77    
Change From Prior +1.33 +3.41    
Western Cornbelt      
Barrows & Gilts 616 4,071    
Weighted Average Price   117.36    
Change From Prior   -1.19    
Source: USDA Carcass Cutout Value as of Dec-31 (Tue) = 82.39 [Last: 81.32]
HOG SLAUGHTER UNDER FED. INSPECTION SLAUGHTER UNDER FEDERAL INSPECTION
Period   Slaughtered Head  
 
 
Apr-15 (Tue)   415,000      
Week Ago 416,000      
Year Ago   422,000      
Week-to-date   792,000      
Same Period Last Week 820,000      
Same Period Last Year 834,000      
Source: USDA