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

105.100

-1.775

107.925

103.875

40,418

22,573

Dec 14

93.900

-2.025

96.725

92.925

102,436

16,548

Feb 15

91.050

-2.250

93.775

90.300

45,915

3,399

Apr 15

90.125

-1.975

92.600

89.200

29,442

2,328

May 15

91.650

-0.750

92.750

90.000

917

17

Jun 15

93.325

-1.325

95.250

92.400

14,459

1,084

Jul 15

91.000

-1.250

93.000

90.000

3,845

129

Aug 15

89.250

-0.700

90.100

87.975

2,312

62

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

100

0.575

+0.200

0.825

0.325

5,531

1,929

Oct-14

Call

109

0.650

-0.700

1.600

0.475

1,127

1,442

Dec-14

Call

100

1.800

-0.900

3.000

1.575

2,217

1,133

Oct-14

Put

103

1.200

+0.325

1.725

0.675

1,447

747

Oct-14

Put

101

0.725

+0.225

1.125

0.400

2,056

736

Oct-14

Put

105

1.950

+0.500

2.575

1.000

572

628

Oct-14

Call

108

0.875

-0.850

2.050

0.675

1,925

565

Oct-14

Call

105

2.050

-1.275

3.650

1.500

2,260

548

Oct-14

Call

107

1.175

-1.000

2.775

0.875

1,527

514

Oct-14

Call

110

0.475

-0.575

1.300

0.350

2,660

507

All Other

 

 

 

 

 

 

 

10,148

Source: Chicago Mercantile Exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CASH & FUNDAMENTALS - Market Summary

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CME Cash Index

Period

CME Lean Hog Index

Pork Cutout Value

Packer margin *

Sep-16 (Tue)

$104.15

$110.02

$5.45

Sep-15 (Mon)

$111.55

$107.95

$4.23

Sep-12 (Fri)

$111.55

$105.38

$2.63

Sep-11 (Thu)

$111.55

$106.41

$4.63

Sep-10 (Wed)

$111.55

$104.57

$3.66

One Week Ago

$99.02

$104.61

$5.12

Four Weeks Ago

$110.13

$108.75

$0.99

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 Wednesday, September 17, 2014

Region / measure

Morning

Afternoon

National

Barrows & Gilts

5,257

11,375

Weighted Average Price

$101.15

$102.91

Change From Prior

-$0.39

$1.37

Iowa/Minnesota

Barrows & Gilts

2,197

5,497

Weighted Average Price

$103.76

$104.56

Change From Prior

-$0.86

-$0.06

Eastern Cornbelt

Barrows & Gilts

3,050

3,715

Weighted Average Price

$102.84

$99.90

Change From Prior

$4.78

$1.84

Western Cornbelt

Barrows & Gilts

2,207

7,641

Weighted Average Price

$103.75

$104.38

Change From Prior

-$0.39

$0.24

Source: USDA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hogs slaughtered Under Federal Inspection

Sep-17 (Wed)

416,000

Week Ago

413,000

Year Ago

429,000

Week-to-date

1,237,000

Same Period Last Week

1,218,000

Same Period Last Year

1,293,000

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.