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

Jul 15

78.775

+1.675

79.150

77.325

15,732

5,859

Aug 15

76.375

+1.525

76.675

75.025

77,913

17,298

Oct 15

66.275

+0.950

66.450

64.925

58,150

11,070

Dec 15

63.800

+0.300

63.950

62.650

44,580

5,435

Feb 16

68.325

+0.825

68.525

67.000

14,655

1,457

Apr 16

73.875

+1.450

74.000

72.100

7,243

1,407

May 16

77.575

+1.200

77.750

77.500

158

26

Jun 16

81.500

+1.500

81.750

79.950

2,415

380

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-15

Call

76

3.025

+0.850

3.175

2.450

543

853

Jul-15

Put

77

0.175

-0.550

0.400

0.175

1,285

504

Jul-15

Call

78

1.175

+0.775

1.300

0.650

649

502

Aug-15

Put

78

3.700

-0.875

4.375

3.700

1,950

374

Jul-15

Call

80

0.300

+0.225

0.375

0.125

1,136

350

Jul-15

Put

78

0.400

-0.900

0.850

0.350

1,832

296

Jul-15

Put

76

0.075

-0.325

0.200

0.125

2,107

278

Dec-15

Put

60

2.775

-0.100

3.175

2.800

3,334

273

Jul-15

Put

73

0.025

-0.075

0.025

0.025

1,414

266

Aug-15

Put

68

0.500

-0.175

0.625

0.550

882

203

All Other

 

 

 

 

 

 

 

2,459

Source: Chicago Mercantile Exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CASH & FUNDAMENTALS - Market Summary

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CME Cash Index

Period

CME Lean Hog Index

Pork Cutout Value

Packer margin *

Jul-1 (Wed)

$77.04

$80.22

$3.26

Jun-30 (Tue)

$77.15

$80.44

$3.32

Jun-29 (Mon)

$77.32

$81.72

$4.53

Jun-26 (Fri)

$77.64

$81.34

$3.89

Jun-25 (Thu)

$78.13

$81.90

$4.05

One Week Ago

$78.62

$82.23

$3.81

Four Weeks Ago

$82.47

$85.61

$3.07

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 Thursday, July 02, 2015

Region / measure

Morning

Afternoon

National

Barrows & Gilts

3,148

5,960

Weighted Average Price

$72.23

$73.75

Change From Prior

-$0.98

$0.54

Iowa/Minnesota

Barrows & Gilts

820

3,475

Weighted Average Price

$73.82

$75.40

Change From Prior

-$0.71

$0.87

Eastern Cornbelt

Barrows & Gilts

2,320

2,320

Weighted Average Price

$74.51

$74.80

Change From Prior

-$1.27

-$0.98

Western Cornbelt

Barrows & Gilts

828

3,540

Weighted Average Price

$73.82

$75.36

Change From Prior

-$0.67

$0.87

Source: USDA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hogs slaughtered Under Federal Inspection

Jul-2 (Thu)

424,000

Week Ago

418,000

Year Ago

399,000

Week-to-date

1,696,000

Same Period Last Week

1,675,000

Same Period Last Year

1,631,000

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.