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 14

94.825

-0.125

96.525

94.400

95,107

16,059

Dec 14

88.625

-0.425

89.900

88.050

62,470

5,441

Feb 15

87.250

-0.100

87.775

86.500

37,064

3,142

Apr 15

86.900

+0.100

87.500

86.500

18,994

1,371

May 15

89.200

+0.200

90.000

89.000

760

25

Jun 15

90.975

+0.100

91.400

90.625

9,481

471

Jul 15

88.900

+0.400

89.675

88.900

1,696

103

Aug 15

87.400

+0.100

87.750

87.050

1,403

77

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-14

Put

94

2.625

-0.250

2.775

2.050

1,670

693

Dec-14

Call

94

2.475

-0.250

2.850

2.300

724

660

Oct-14

Call

100

1.200

-0.275

1.675

1.100

2,111

571

Oct-14

Call

98

1.750

-0.325

2.425

1.650

990

491

Oct-14

Put

93

2.175

-0.275

2.275

1.675

999

291

Oct-14

Put

96

3.675

-0.225

3.825

2.925

1,682

273

Oct-14

Put

95

3.125

-0.250

3.250

2.475

469

263

Oct-14

Call

114

0.125

+0.025

0.175

0.125

945

252

Oct-14

Put

90

1.175

-0.250

1.225

0.875

4,095

229

Oct-14

Put

92

1.775

-0.300

1.900

1.350

1,472

228

All Other

 

 

 

 

 

 

 

3,438

Source: Chicago Mercantile Exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CASH & FUNDAMENTALS - Market Summary

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CME Cash Index

Period

CME Lean Hog Index

Pork Cutout Value

Packer margin *

Aug-18 (Mon)

$111.15

$109.89

($0.35)

Aug-15 (Fri)

$111.55

$111.25

($0.77)

Aug-14 (Thu)

$111.55

$115.52

$1.49

Aug-13 (Wed)

$111.55

$113.85

($1.58)

Aug-12 (Tue)

$111.55

$116.30

($1.07)

One Week Ago

$118.86

$119.85

$1.44

Four Weeks Ago

$132.57

$134.04

$1.67

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, August 19, 2014

Region / measure

Morning

Afternoon

National

Barrows & Gilts

630

6,707

Weighted Average Price

$100.38

$99.41

Change From Prior

-$1.11

-$2.08

Iowa/Minnesota

Barrows & Gilts

0

5,695

Weighted Average Price

 

$99.54

Change From Prior

 

-$2.30

Eastern Cornbelt

Barrows & Gilts

120

290

Weighted Average Price

$102.61

$105.09

Change From Prior

$1.45

$3.93

Western Cornbelt

Barrows & Gilts

510

6,417

Weighted Average Price

$100.00

$99.56

Change From Prior

-$1.75

-$2.19

Source: USDA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hogs slaughtered Under Federal Inspection

Aug-19 (Tue)

407,000

Week Ago

408,000

Year Ago

432,000

Week-to-date

809,000

Same Period Last Week

783,000

Same Period Last Year

856,000

Source: USDA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

This data and these comments are provided for information purposes only and are not intended to be used for specific trading startegies. 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.