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 15

68.025

+1.600

68.575

66.400

73,190

14,416

Dec 15

63.625

+1.575

64.000

61.975

52,719

6,237

Feb 16

67.500

+1.325

67.900

66.150

27,251

2,587

Apr 16

71.125

+1.075

71.425

70.075

22,862

838

May 16

75.725

+0.900

75.550

75.500

351

7

Jun 16

79.500

+1.000

79.650

78.500

8,379

240

Jul 16

78.500

+0.900

78.700

77.725

1,190

20

Aug 16

77.350

+0.725

77.400

76.500

701

35

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-15

Put

64

1.125

-0.625

1.475

1.025

5,061

1,431

Oct-15

Put

60

0.400

-0.275

0.600

0.375

5,194

1,085

Oct-15

Call

70

1.675

+0.400

1.900

1.250

5,604

943

Oct-15

Call

72

1.000

+0.225

1.125

0.725

3,154

598

Dec-15

Put

54

1.000

-0.300

1.100

1.000

1,562

598

Oct-15

Put

63

0.875

-0.525

1.250

0.800

687

514

Oct-15

Put

55

0.100

-0.100

0.150

0.075

657

504

Oct-15

Put

58

0.225

-0.175

0.400

0.225

2,562

481

Oct-15

Put

65

1.425

-0.700

1.600

1.300

1,873

445

Feb-16

Put

64

3.250

-0.500

3.625

3.250

1,931

366

All Other

 

 

 

 

 

 

 

2,988

Source: Chicago Mercantile Exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CASH & FUNDAMENTALS - Market Summary

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CME Cash Index

Period

CME Lean Hog Index

Pork Cutout Value

Packer margin *

Aug-28 (Fri)

$77.70

$84.00

$6.56

Aug-27 (Thu)

$78.28

$84.27

$6.26

Aug-26 (Wed)

$78.68

$85.41

$6.86

Aug-25 (Tue)

$78.79

$87.81

$8.99

Aug-24 (Mon)

$78.79

$87.22

$8.46

One Week Ago

$78.89

$87.28

$8.47

Four Weeks Ago

$78.68

$87.25

$8.72

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 31, 2015

Region / measure

Morning

Afternoon

National

Barrows & Gilts

5,878

8,488

Weighted Average Price

$70.86

$70.88

Change From Prior

-$0.52

-$0.50

Iowa/Minnesota

Barrows & Gilts

2,888

4,993

Weighted Average Price

$71.88

$71.56

Change From Prior

-$0.24

-$0.56

Eastern Cornbelt

Barrows & Gilts

2,986

3,481

Weighted Average Price

$73.42

$74.14

Change From Prior

$2.19

$2.91

Western Cornbelt

Barrows & Gilts

2,892

5,007

Weighted Average Price

$71.87

$71.56

Change From Prior

$0.32

$0.01

Source: USDA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hogs slaughtered Under Federal Inspection

Aug-31 (Mon)

429,000

Week Ago

433,000

Year Ago

2,000

 

 

 

 

 

 

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.