Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
Join Barchart Premier and get trading ideas, historical data, advanced options screeners, more. FREE 30 Day Trial

Stocks | Futures | Watchlist | More
or

Lean Hogs Apr '23 (HEJ23)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [CME]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ rootItem.symbol ]]underlying price [[ rootItem.lastPrice ]] [[ rootItem.priceChange ]] ([[ rootItem.percentChange ]]) [[ rootItem.tradeTime ]]
Quote Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ value ]] [[ value ]]

Lean Hogs Futures Market News and Commentary

Hogs Close Firm on Tuesday

The April lean hog contract saw a $2.80 range from -$1.78 to +$1.02, before closing firm at a 55 cent gain. The other front month futures ended 10 to 40 cents higher on Tuesday. USDA’s National Average Base Hog price for Tuesday afternoon was $74.07, up by $1.73. The CME Lean Hog Index was $73.29 on 2/03, up by another 24 cents.  

Converted Census data had December pork exports at 561.3m lbs. That finished the year at 6.338 billion lbs. That was the 3rd highest on record, following ’20 and ’21’s +7b lb export programs. 

Pork cutout futures went home in the red by 15 to 52 cents. USDA’s National Pork Carcass Cutout value was $3.06 weaker in the PM update, quoted at $78.56. USDA estimated Tuesday’s federally inspected hog slaughter at 479,000 head. After revising Monday 7k head lower, the week to date running total is 959,000 head. That compares to 958k last week and 948k during the same week last year. 

Feb 23 Hogs  closed at $75.375, up $0.325,

Apr 23 Hogs  c... Read more

Contract Specifications

See More
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
$1,925/1,750
First Notice Date
04/17/23 (69 days)
Expiration Date
04/17/23 (69 days)

Seasonal Chart

Lean Hogs Apr '23
Average Price Chart for 5 Prior Apr Contracts

Commitment of Traders Positions as of Jan 24, 2023

View Chart Details
Commercials - Long / Short
75,927 (+1,085)
76,609 (-9,172)
Non-Commercials - Long / Short
66,938 (+3,865)
63,772 (+16,606)
Producers - Long / Short
20,455 (+2,038)
68,416 (-8,645)
Swap Dealers - Long / Short
49,849 (-143)
2,570 (+283)
Managed Money - Long / Short
44,134 (+886)
49,374 (+15,016)
Other Reportables - Long / Short
22,804 (+2,979)
14,398 (+1,590)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
81.275 +2.46%
on 02/07/23
91.425 -8.91%
on 01/09/23
-6.375 (-7.11%)
since 01/06/23
3-Month
81.275 +2.46%
on 02/07/23
97.400 -14.50%
on 12/27/22
-11.075 (-11.74%)
since 11/07/22
52-Week
81.275 +2.46%
on 02/07/23
97.400 -14.50%
on 12/27/22
-4.000 (-4.58%)
since 02/07/22

More Lean Hogs Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Shootin' the Bull about new contract highs

Most contract months equaled, or barely exceeded Monday's contract high.  Although there remains a few more days before the seasonality kicks in, the weak close today off contract high has my attention....

Hogs Close Firm on Tuesday

The April lean hog contract saw a $2.80 range from -$1.78 to +$1.02, before closing firm at a 55 cent gain. The other front month futures ended 10 to 40 cents higher on Tuesday. USDA’s National Average...

HEG23 : 75.375s (+0.43%)
HEK23 : 92.650s (+0.43%)
KMG23 : 81.950s (-0.76%)
Cattle Dip on Tuesday

At the close for Tuesday, live cattle futures were down by 25 to 90 cents. The feeder cattle market closed 40 to 72 cents lower across the front month futures. USDA reported some light cash trade in KS...

LEG23 : 160.575s (-0.16%)
LEJ23 : 163.600s (-0.53%)
LEM23 : 159.800s (-0.56%)
GFH23 : 187.200s (-0.27%)
GFJ23 : 191.350s (-0.21%)
Livestock Report

Hogs make new low

Ag Markets Under Pressure

Agricultural markets were under pressure today, with grains and cattle trading mostly lower. Lean hogs managed to squeak out a rare positive session.

Hog Prices Mixed but Mostly Red through Midday

The front month hog futures market is mixed with 22 and 62 cent gains in the Feb and April contracts respectively. The other nearby contracts are 17 to 37 cents lower so far. USDA’s National Average...

HEG23 : 75.375s (+0.43%)
HEK23 : 92.650s (+0.43%)
KMG23 : 81.950s (-0.76%)
Cattle Red through Midday

Cattle futures are working lower so far on Tuesday with 10 to 40 cent losses at midday. Feeder cattle are also lower but losses are limited to 32 cents across the front months. The weekly FCE auction listed...

LEG23 : 160.575s (-0.16%)
LEJ23 : 163.600s (-0.53%)
LEM23 : 159.800s (-0.56%)
LEY00 : 156.000s (unch)
GFH23 : 187.200s (-0.27%)
GFJ23 : 191.350s (-0.21%)
Hogs Fall on Monday

April hogs saw new lows on Monday after trading to levels not seen since December of 2021. At the close, the board was ~30 cents off the day’s low, but still down $2 to $3.75. Feb hogs were the outlier,...

HEG23 : 75.375s (+0.43%)
HEK23 : 92.650s (+0.43%)
KMG23 : 81.950s (-0.76%)
Cattle Square Up for Feb Deliveries

Cattle started the new week with gains, closing out Monday up by 17 to 55 cents in the front months. There were no deliveries issued against Feb fats on first notice day, as CME showed the oldest long...

LEG23 : 160.575s (-0.16%)
LEJ23 : 163.600s (-0.53%)
LEM23 : 159.800s (-0.56%)
GFH23 : 187.200s (-0.27%)
GFJ23 : 191.350s (-0.21%)
Livestock Roundup

Morning Livestock Report

Barchart Trading Guide

The Barchart Trading Guide is a Sell Signal with a Weak Signal Strength.

Key Turning Points

3rd Resistance Point 87.275
2nd Resistance Point 85.675
1st Resistance Point 84.475
Last Price 83.275s
1st Support Level 81.675
2nd Support Level 80.075
3rd Support Level 78.875

See More

52-Week High 97.400
Fibonacci 61.8% 91.240
Fibonacci 50% 89.338
Fibonacci 38.2% 87.435
Last Price 83.275s
52-Week Low 81.275

See More

by Barchart
Solutions for Ag Professionals barchart.com/cmdty
Data and Statistics for Meats
Explore Data
cmdtyView Pro for Livestock Professionals
Start Free Trial
We help Ag Professionals make better decisions
Learn Now

Barchart Futures Commentary

Barchart Futures is a twice weekly newsletter that features a selection of the latest and best commodities commentary appearing on Barchart.com. Delivered every Wednesday and Friday morning to your inbox.

Want to use this as
your default charts setting?
Save this setup as a Chart Templates
Switch the Market flag
for targeted data from your country of choice.
Open the menu and switch the
Market flag for targeted data from your country of choice.
Want Streaming Chart Updates?
Switch your Site Preferences
to use Interactive Charts
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar