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Notice: check out my daily hog and feed
commentary at www.leanhog.net |
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NEARBY MONTH SETTLE -
Last 30 Days |
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HOG FUTURES (LH) |
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Month |
Settle & Change |
High - Low |
Open Interest |
Volume |
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Oct-10 |
76.425 |
p |
+1.475 |
77.025 |
74.950 |
86,729 |
q |
20,704 |
p |
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Dec-10 |
74.150 |
p |
+1.275 |
74.500 |
72.825 |
60,465 |
p |
11,358 |
p |
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Feb-11 |
76.975 |
p |
+1.050 |
77.200 |
75.850 |
29,079 |
p |
3,953 |
p |
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Apr-11 |
77.775 |
p |
+0.850 |
78.000 |
76.925 |
23,246 |
p |
1,291 |
q |
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May-11 |
81.325 |
p |
+1.225 |
81.325 |
80.800 |
895 |
u |
37 |
p |
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Jun-11 |
83.650 |
p |
+0.950 |
83.800 |
82.450 |
14,523 |
p |
601 |
p |
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Jul-11 |
81.875 |
p |
+0.750 |
81.875 |
80.550 |
2,883 |
p |
107 |
q |
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Aug-11 |
79.875 |
p |
+0.575 |
79.875 |
78.900 |
1,734 |
p |
131 |
p |
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Oct-11 |
70.500 |
u |
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70.600 |
70.400 |
360 |
p |
10 |
p |
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Dec-11 |
68.000 |
p |
+0.300 |
68.800 |
68.500 |
53 |
u |
3 |
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Source:
Chicago Mercantile Exchange |
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HOG OPTION -
Open Interest (All Strikes) |
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HOG OPTIONS
(OH) -Top 10 By Volume Traded |
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Month |
* |
Strike |
Premium & Change |
High - Low |
Open Interest |
Volume |
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Oct-10 |
C |
76.00 |
2.43 |
p |
+0.58 |
2.60 |
2.28 |
738 |
p |
415 |
p |
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Oct-10 |
P |
76.00 |
2.00 |
q |
-0.90 |
2.33 |
1.90 |
1,147 |
u |
405 |
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Oct-10 |
P |
70.00 |
0.50 |
q |
-0.30 |
0.58 |
0.45 |
3,116 |
p |
265 |
p |
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Oct-10 |
C |
78.00 |
1.48 |
p |
+0.43 |
1.75 |
1.15 |
1,376 |
q |
216 |
p |
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Dec-10 |
C |
76.00 |
2.60 |
p |
+0.43 |
2.60 |
2.38 |
964 |
q |
125 |
p |
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Dec-10 |
C |
80.00 |
1.23 |
p |
+0.23 |
1.25 |
1.10 |
2,027 |
q |
112 |
p |
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Dec-10 |
C |
78.00 |
1.83 |
p |
+0.33 |
1.85 |
1.50 |
1,005 |
q |
71 |
p |
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Oct-10 |
P |
74.00 |
1.25 |
q |
-0.73 |
1.75 |
1.25 |
2,620 |
q |
69 |
q |
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Dec-10 |
P |
76.00 |
4.45 |
q |
-0.85 |
4.43 |
4.43 |
793 |
u |
64 |
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Dec-10 |
P |
66.00 |
0.90 |
q |
-0.35 |
1.20 |
1.10 |
769 |
u |
52 |
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All Other |
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615 |
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* C = Call, P = Put |
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Source:
Chicago Mercantile Exchange |
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CME LEAN HOG
INDEX & PACKER MARGIN |
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CME LEAN HOG INDEX LAST/NEXT 30 DAY TREND |
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Period |
CME Lean Hog Index |
Pork Cutout Value |
Packer Margin * |
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Sep-1 (Wed) |
82.66 |
90.73 |
8.39 |
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Aug-31 (Tue) |
83.01 |
91.23 |
8.23 |
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Aug-30 (Mon) |
83.34 |
93.26 |
10.25 |
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Aug-27 (Fri) |
83.89 |
93.51 |
9.90 |
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Aug-26 (Thu) |
84.36 |
93.73 |
9.50 |
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One Week Ago |
84.40 |
95.32 |
10.84 |
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Four Weeks Ago |
85.61 |
91.48 |
5.71 |
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Packer margin is estimated as the difference between the
National Prior Slaughter Average Price and Pork Cutout Value* |
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Sources:
USDA & Chicago Mercantile Exchange |
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NATIONAL AND
REGIONAL DIRECT REPORT |
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NATIONAL CARLOT CUTOUT VALUES |
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Reports as of: |
Thursday,
September 02, 2010 |
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Region/Measure |
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Morning |
Afternoon |
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National |
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Barrows & Gilts |
4,173 |
7,040 |
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Weighted Average Price |
76.47 |
76.94 |
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Change From Prior |
-0.59 |
-0.12 |
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Iowa/Minnesota |
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Barrows & Gilts |
508 |
2,156 |
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Weighted Average Price |
77.00 |
76.92 |
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Change From Prior |
-1.02 |
-1.10 |
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Eastern Cornbelt |
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Barrows & Gilts |
3,350 |
3,950 |
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Weighted Average Price |
76.38 |
76.98 |
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Change From Prior |
-0.71 |
-0.11 |
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Western Cornbelt |
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Barrows & Gilts |
623 |
2,890 |
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Weighted Average Price |
77.00 |
76.92 |
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Change From Prior |
-0.87 |
-0.95 |
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Source: USDA |
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Carcass
Cutout Value as of Sep-02 (Thu) = 92.38 [Last: 90.73] |
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HOG
SLAUGHTER UNDER FED. INSPECTION |
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SLAUGHTER UNDER FEDERAL INSPECTION |
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Period |
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Slaughtered Head |
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Sep-2 (Thu) |
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410,000 |
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Week Ago |
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412,000 |
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Year Ago |
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435,000 |
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Week-to-date |
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1,631,000 |
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Same Period Last Week |
1,640,000 |
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Same Period Last Year |
1,734,000 |
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Source: USDA |
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