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

Jun 15

83.725

-0.050

84.125

83.500

38,429

8,921

Jul 15

83.725

-0.125

84.300

83.575

52,256

6,046

Aug 15

83.725

-0.350

84.125

83.475

40,784

5,179

Oct 15

74.175

+0.250

74.275

73.575

47,954

4,363

Dec 15

70.250

+0.050

70.300

69.825

26,581

2,884

Feb 16

72.400

+0.350

72.500

71.800

8,051

674

Apr 16

74.475

+0.100

74.600

74.175

3,879

233

May 16

78.150

+0.100

 

 

79

 

Source: Chicago Mercantile Exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

Contract

Call Put

Strike

Premium/Change

High - Low

Open Interest

Volume

Jun-15

Call

86

0.650

+0.050

0.700

0.525

3,569

1,483

Jun-15

Put

80

0.375

+0.075

0.375

0.275

5,058

544

Jun-15

Call

84

1.350

+0.075

1.400

1.200

3,112

529

Jul-15

Call

88

1.250

-0.025

1.350

1.225

1,121

428

Jun-15

Put

70

0.025

+0.000

0.025

0.025

2,635

344

Dec-15

Put

60

1.100

-0.050

 

 

1,505

300

Jun-15

Put

76

0.100

+0.000

0.100

0.075

2,844

275

Jun-16

Put

70

1.900

-0.150

 

1.800

32

260

Jun-16

Put

80

5.825

+0.025

 

 

74

260

Jun-16

Call

90

2.950

-0.025

 

 

81

260

All Other

 

 

 

 

 

 

 

3,568

Source: Chicago Mercantile Exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CASH & FUNDAMENTALS - Market Summary

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CME Cash Index

Period

CME Lean Hog Index

Pork Cutout Value

Packer margin *

May-21 (Thu)

$83.12

$85.93

$2.94

May-20 (Wed)

$83.20

$85.37

$2.11

May-19 (Tue)

$83.05

$84.73

$1.59

May-18 (Mon)

$82.57

$83.50

$0.56

May-15 (Fri)

$82.06

$82.58

$0.31

One Week Ago

$81.67

$82.87

$1.04

Four Weeks Ago

$65.39

$68.89

$3.34

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 Friday, May 22, 2015

Region / measure

Morning

Afternoon

National

Barrows & Gilts

3,538

5,064

Weighted Average Price

$76.48

$77.18

Change From Prior

-$1.73

-$1.03

Iowa/Minnesota

Barrows & Gilts

271

1,654

Weighted Average Price

$77.56

$78.72

Change From Prior

-$1.84

-$0.68

Eastern Cornbelt

Barrows & Gilts

3,167

3,167

Weighted Average Price

$80.41

$80.97

Change From Prior

-$1.53

-$0.97

Western Cornbelt

Barrows & Gilts

371

1,897

Weighted Average Price

$75.52

$78.17

Change From Prior

-$3.62

-$0.97

Source: USDA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hogs slaughtered Under Federal Inspection

May-22 (Fri)

411,000

Week Ago

410,000

Year Ago

393,000

Week-to-date

2,108,000

Same Period Last Week

2,080,000

Same Period Last Year

1,962,000

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.