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Lean Hogs Feb '19 (HEG19)

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Lean Hogs Futures Market News and Commentary

Hogs Higher at Tuesday’s Midday

Lean hog futures are showing 50 cent to $1.22 gains at midday. USDA’s national base hog price was reported at $92.68 on Tuesday morning. The CME Lean Hog Index was another 13 cents higher on March 5 at $90.87.

USDA’s pork carcass cutout value from the Tuesday AM report was down $1.78 at $99.54 per cwt. The picnic and belly primals were the only reported higher. USDA estimated Monday’s federally inspected hog slaughter at 493,000 head. That is 18,000 head above last week and 6,110 head above the same week last year.

Apr 26 Hogs  are at $95.950, up $1.125,

May 26 Hogs  are at $101.600, up $1.225

Jun 26 Hogs are at $110.475, up $0.575,

On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.

Contract Specifications

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Contract
Lean Hogs
Contract Size
40,000 pounds
Tick Size
0.00025 per pound ($10.00 per contract)
Trading Hours
8:30a.m. - 1:05p.m. (Settles 1:00p.m.) CST
Exchange
CME
Point Value
$400
Margin/Maintenance
$1,870/1,700
First Notice Date
02/14/19
Expiration Date
02/14/19 (expired)

Seasonal Chart

Lean Hogs Feb '19
Average Price Chart for 5 Prior Feb Contracts

Commitment of Traders Positions as of Mar 3, 2026

View Chart Details
Commercials - Long / Short
111,253 (-4,109)
176,553 (+2,199)
Non-Commercials - Long / Short
152,501 (+9,235)
77,531 (+3,183)
Producers - Long / Short
25,407 (-410)
161,301 (+988)
Swap Dealers - Long / Short
81,974 (-4,429)
11,380 (+481)
Managed Money - Long / Short
133,932 (+7,980)
16,331 (+1,512)
Other Reportables - Long / Short
18,569 (+1,255)
61,200 (+1,671)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
54.900 +0.36%
on 02/11/19
63.600 -13.36%
on 01/15/19
-6.750 (-10.91%)
since 01/14/19
3-Month
54.900 +0.36%
on 02/11/19
69.500 -20.72%
on 11/20/18
-7.250 (-11.63%)
since 11/14/18
52-Week
51.225 +7.56%
on 08/09/18
69.500 -20.72%
on 11/20/18
-12.000 (-17.88%)
since 02/14/18

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Cattle Posting Turnaround Tuesday Gains

Live cattle futures are showing $2.30 to $2.60 gains in the front months on Tuesday, as the equities claw back some gains. Cash trade has yet to see much action this week as last week settled in at $240...

LEQ26 : 228.350s (+1.23%)
LEM26 : 230.200s (+1.22%)
LEJ26 : 232.375s (+0.97%)
GFJ26 : 349.675s (+0.90%)
GFH26 : 353.350s (+0.77%)
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Hogs Higher at Tuesday’s Midday

Lean hog futures are showing 50 cent to $1.22 gains at midday. USDA’s national base hog price was reported at $92.68 on Tuesday morning. The CME Lean Hog Index was another 13 cents higher on March 5...

HEK26 : 101.350s (+0.97%)
HEJ26 : 96.075s (+1.32%)
HEM26 : 110.650s (+0.68%)
Hogs Stable in a World of Frenzy

Hogs hold while outside markets spin out of control

Shootin' the Bull about not a lot

There isn't a great deal to discuss as the current events are difficult to assess, making all forward projections even more difficult.

Cattle Falling on Monday

Live cattle futures are down $3.35 to $4.25 so far at midday. Cash trade settled in at $240 across most of the country last week. Feeder cattle futures are down $4.47 to $5.50. The CME Feeder Cattle Index...

LEQ26 : 228.350s (+1.23%)
LEM26 : 230.200s (+1.22%)
LEJ26 : 232.375s (+0.97%)
GFJ26 : 349.675s (+0.90%)
GFH26 : 353.350s (+0.77%)
GFK26 : 346.400s (+1.03%)
Hogs Showing Losses at Midday

Lean hog futures are 65 cents to $1.425 in the red at midday. USDA’s national base hog price was not reported on Monday morning due to low volume. The CME Lean Hog Index was 19 cents higher on March...

HEK26 : 101.350s (+0.97%)
HEJ26 : 96.075s (+1.32%)
HEM26 : 110.650s (+0.68%)
Hogs Look to Monday After Slight Friday Gains

Lean hog futures were mixed on Friday, with April down a nickel and the rest of the board up 20 to 67 cents. April was down a dime on the week. Open interest was down 1,851 contracts. USDA’s national...

HEK26 : 101.350s (+0.97%)
HEJ26 : 96.075s (+1.32%)
HEM26 : 110.650s (+0.68%)

Key Turning Points

3rd Resistance Point N/A
2nd Resistance Point 55.333
1st Resistance Point 55.217
Last Price 55.100s
1st Support Level 54.967
2nd Support Level 54.833
3rd Support Level N/A

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52-Week High 69.500
Fibonacci 61.8% 62.519
Fibonacci 50% 60.362
Fibonacci 38.2% 58.206
Last Price 55.100s
52-Week Low 51.225

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