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

Aug 15

80.200

+1.700

80.750

78.750

20,493

9,527

Oct 15

65.325

+1.600

66.100

64.000

88,754

14,906

Dec 15

61.900

+1.450

62.300

60.800

49,589

5,432

Feb 16

67.975

+1.300

68.250

66.850

24,554

2,662

Apr 16

72.125

+0.950

72.400

71.225

14,761

1,621

May 16

76.350

+0.825

76.575

76.575

291

2

Jun 16

79.700

+0.850

80.000

78.950

5,759

807

Jul 16

78.625

+0.800

79.050

78.175

879

75

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

80

1.100

+0.675

1.300

0.600

2,965

622

Aug-15

Call

81

0.650

+0.400

0.825

0.300

462

597

Aug-15

Put

80

0.900

-1.025

1.300

0.725

2,450

488

Aug-15

Put

79

0.500

-0.775

0.850

0.425

1,205

444

Apr-16

Put

72

5.500

-0.375

5.650

5.300

3,867

425

Aug-15

Call

82

0.350

+0.200

0.400

0.175

1,074

396

Oct-15

Put

62

2.125

-0.475

2.450

1.950

5,811

387

Apr-16

Put

62

2.100

-0.225

 

2.275

2,991

362

Aug-15

Call

77

3.375

+1.375

4.125

3.075

1,315

295

Aug-15

Put

78

0.275

-0.525

0.575

0.250

2,619

275

All Other

 

 

 

 

 

 

 

4,686

Source: Chicago Mercantile Exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CASH & FUNDAMENTALS - Market Summary

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CME Cash Index

Period

CME Lean Hog Index

Pork Cutout Value

Packer margin *

Jul-31 (Fri)

$78.68

$87.25

$8.72

Jul-30 (Thu)

$78.75

$86.02

$7.19

Jul-29 (Wed)

$78.51

$85.26

$6.59

Jul-28 (Tue)

$78.33

$85.89

$7.54

Jul-27 (Mon)

$78.36

$83.94

$5.64

One Week Ago

$78.53

$84.33

$5.91

Four Weeks Ago

$77.04

 

 

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 Monday, August 03, 2015

Region / measure

Morning

Afternoon

National

Barrows & Gilts

2,631

5,243

Weighted Average Price

$73.17

$74.98

Change From Prior

-$1.16

$0.65

Iowa/Minnesota

Barrows & Gilts

244

2,850

Weighted Average Price

$74.81

$76.65

Change From Prior

-$0.73

$1.11

Eastern Cornbelt

Barrows & Gilts

2,280

2,280

Weighted Average Price

$74.72

$75.79

Change From Prior

$1.52

$2.59

Western Cornbelt

Barrows & Gilts

351

2,963

Weighted Average Price

$73.79

$76.44

Change From Prior

-$1.33

$1.32

Source: USDA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hogs slaughtered Under Federal Inspection

Aug-3 (Mon)

373,000

Week Ago

416,000

Year Ago

340,000

 

 

 

 

 

 

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.