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

Apr 15

61.125

+0.150

61.600

60.900

23,116

5,256

May 15

68.175

+0.150

68.500

67.675

3,562

201

Jun 15

75.000

-0.150

75.700

74.700

96,557

8,991

Jul 15

75.775

-0.075

76.475

75.625

22,674

4,413

Aug 15

76.575

-0.075

77.225

76.375

32,963

5,052

Oct 15

66.925

-0.575

67.500

66.750

26,096

2,384

Dec 15

63.675

-0.275

63.825

63.175

10,366

994

Feb 16

66.575

-0.250

66.650

66.125

2,011

144

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

Put

74

3.625

-0.125

4.000

3.625

3,364

1,242

Jun-15

Put

74

3.375

-0.075

3.700

3.300

4,739

933

Jun-15

Put

72

2.525

-0.050

2.800

2.525

2,604

722

Apr-15

Put

61

1.600

+0.000

1.675

1.425

1,119

702

Apr-15

Put

60

1.150

+0.025

1.250

1.025

1,817

634

Apr-15

Call

65

0.525

+0.075

0.575

0.475

992

593

Aug-15

Call

86

1.750

-0.150

2.050

1.700

627

549

Apr-15

Put

58

0.575

+0.050

0.600

0.500

1,719

539

Jun-15

Call

80

2.000

-0.200

2.325

1.925

2,451

524

Apr-15

Call

61

1.725

+0.150

1.925

1.650

728

522

All Other

 

 

 

 

 

 

 

14,994

Source: Chicago Mercantile Exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CASH & FUNDAMENTALS - Market Summary

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CME Cash Index

Period

CME Lean Hog Index

Pork Cutout Value

Packer margin *

Mar-26 (Thu)

$60.39

$66.71

$6.42

Mar-25 (Wed)

$60.81

$66.26

$5.75

Mar-24 (Tue)

$61.31

$67.45

$6.34

Mar-23 (Mon)

$61.81

$67.37

$5.87

Mar-20 (Fri)

$62.29

$67.53

$5.47

One Week Ago

$62.90

$68.04

$5.45

Four Weeks Ago

$64.49

$68.02

$3.17

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, March 27, 2015

Region / measure

Morning

Afternoon

National

Barrows & Gilts

2,896

4,812

Weighted Average Price

$54.83

$55.28

Change From Prior

-$1.13

-$0.68

Iowa/Minnesota

Barrows & Gilts

42

1,537

Weighted Average Price

 

$55.91

Change From Prior

 

-$0.84

Eastern Cornbelt

Barrows & Gilts

2,240

2,400

Weighted Average Price

$54.83

$54.91

Change From Prior

$0.27

$0.35

Western Cornbelt

Barrows & Gilts

56

1,812

Weighted Average Price

 

$55.86

Change From Prior

 

-$0.84

Source: USDA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hogs slaughtered Under Federal Inspection

Mar-27 (Fri)

422,000

Week Ago

415,000

Year Ago

361,000

Week-to-date

2,155,000

Same Period Last Week

2,137,000

Same Period Last Year

2,009,000

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.