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

Feb 15

69.425

-1.400

72.200

69.000

28,868

7,978

Apr 15

72.050

-0.600

74.225

71.200

92,570

17,571

May 15

77.925

-0.925

80.050

77.200

1,623

125

Jun 15

81.575

-0.625

83.575

80.875

42,550

6,223

Jul 15

82.200

-0.625

83.875

81.300

14,036

3,760

Aug 15

81.725

-0.800

83.600

80.700

11,985

1,715

Oct 15

72.300

-0.350

73.150

71.500

7,487

638

Dec 15

68.025

-0.375

68.550

67.475

3,107

174

Source: Chicago Mercantile Exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

Contract

Call Put

Strike

Premium/Change

High - Low

Open Interest

Volume

Feb-15

Put

72

2.900

+0.875

2.775

1.300

874

1,093

Feb-15

Call

71

0.550

-0.700

1.650

0.500

411

1,050

Jun-15

Put

94

13.825

+0.525

13.875

12.600

4,181

693

Feb-15

Put

71

2.125

+0.700

2.125

0.875

1,116

686

Jun-15

Put

84

6.375

+0.425

6.675

5.375

2,451

585

Apr-15

Call

80

1.275

-0.175

1.825

1.150

1,638

580

Apr-15

Put

73

4.325

+0.325

4.575

3.350

328

486

Jun-15

Put

82

5.200

+0.400

5.450

4.300

2,847

341

Feb-15

Put

84

14.575

+1.350

14.400

12.500

2,007

339

Feb-15

Put

70

1.475

+0.525

1.700

0.475

1,643

332

All Other

 

 

 

 

 

 

 

6,035

Source: Chicago Mercantile Exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CASH & FUNDAMENTALS - Market Summary

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CME Cash Index

Period

CME Lean Hog Index

Pork Cutout Value

Packer margin *

Jan-26 (Mon)

$72.51

$84.09

$11.79

Jan-23 (Fri)

$72.91

$84.15

$11.49

Jan-22 (Thu)

$73.57

$84.26

$10.98

Jan-21 (Wed)

$74.11

$85.77

$11.90

Jan-20 (Tue)

$74.55

$85.79

$11.44

One Week Ago

$75.02

$84.10

$9.35

Four Weeks Ago

$78.56

$86.53

$8.02

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 Tuesday, January 27, 2015

Region / measure

Morning

Afternoon

National

Barrows & Gilts

3,255

6,545

Weighted Average Price

$70.61

$66.93

Change From Prior

$2.69

-$0.99

Iowa/Minnesota

Barrows & Gilts

235

2,733

Weighted Average Price

 

$67.76

Change From Prior

 

-$0.66

Eastern Cornbelt

Barrows & Gilts

2,800

2,985

Weighted Average Price

$72.06

$70.28

Change From Prior

$4.20

$2.42

Western Cornbelt

Barrows & Gilts

455

3,560

Weighted Average Price

 

$67.66

Change From Prior

 

-$0.39

Source: USDA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hogs slaughtered Under Federal Inspection

Jan-27 (Tue)

417,000

Week Ago

434,000

Year Ago

408,000

Week-to-date

852,000

Same Period Last Week

830,000

Same Period Last Year

812,000

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.