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Lean Hogs Jun '18 (HEM18)

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Lean Hogs Futures Market News and Commentary

Hog Bulls Look to Extend Tuesday Gains on Wednesday

Lean hogs saw some gains to round up the Tuesday session, up 7 to 87 cents across the board. USDA’s National Average Base Hog negotiated price was up $1.05 in the Tuesday afternoon print at $90.83. The CME Lean Hog Index was down a dime on May 10 at $91.22.

USDA’s National Pork Carcass Cutout Value was back down 93 cents in the Tuesday PM report at $101.51. The belly w down $4.85 to lead to the downside, with the loin and butt also reported lower. USDA estimated Tuesday’s federally inspected hog slaughter at 480,000 head, taking the week to date total to 941,000 head. That is 18,000 head below last week but 5,292 head above the same week last year.

May 24 Hogs  closed at $91.825, up $0.375,

Jun 24 Hogs  closed at $98.325, up $0.850

Jul 24 Hogs  closed at $100.925, up $0.875,

On the date of publication, Alan Brugler did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this ar... Read more

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
$1,650/1,500
First Notice Date
06/14/18
Expiration Date
06/14/18 (expired)

Seasonal Chart

Lean Hogs Jun '18
Average Price Chart for 5 Prior Jun Contracts

Commitment of Traders Positions as of May 7, 2024

View Chart Details
Commercials - Long / Short
103,759 (+1,500)
135,522 (-9,994)
Non-Commercials - Long / Short
100,612 (-16,056)
62,256 (-2,474)
Producers - Long / Short
18,674 (-869)
114,606 (-9,076)
Swap Dealers - Long / Short
73,890 (+2,419)
9,721 (-868)
Managed Money - Long / Short
76,246 (-17,369)
10,208 (+3,476)
Other Reportables - Long / Short
24,366 (+1,313)
52,048 (-5,950)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
72.550 +11.89%
on 05/22/18
81.250 -0.09%
on 06/14/18
+5.025 (+6.60%)
since 05/14/18
3-Month
70.250 +15.55%
on 04/04/18
81.250 -0.09%
on 06/14/18
+2.825 (+3.61%)
since 03/14/18
52-Week
70.250 +15.55%
on 04/04/18
85.850 -5.45%
on 01/09/18
+3.275 (+4.20%)
since 06/14/17

More Lean Hogs Quotes

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Most Recent Stories

More News
Cattle Bulls Helped by Boxed Beef Pop

Live cattle closed the Tuesday session with $1.60 to $2.72 gains, as boxed beef rallied for a second consecutive day. Cash action was mostly compiling showlists early this week. Last week was mixed, with...

LEM24 : 178.175s (+1.48%)
LEQ24 : 176.125s (+1.57%)
LEV24 : 179.350s (+1.43%)
Hog Bulls Look to Extend Tuesday Gains on Wednesday

Lean hogs saw some gains to round up the Tuesday session, up 7 to 87 cents across the board. USDA’s National Average Base Hog negotiated price was up $1.05 in the Tuesday afternoon print at $90.83. The...

HEM24 : 98.325s (+0.87%)
HEN24 : 100.925s (+0.87%)
HEQ24 : 99.900s (+0.63%)
Cattle Rally Alongside Boxed Beef Pop

Live cattle closed the Tuesday session with $1.60 to $2.72 gains, as boxed beef rallied for a second consecutive day. Cash action was mostly compiling showlists early this week. Last week was mixed, with...

LEM24 : 178.175s (+1.48%)
LEQ24 : 176.125s (+1.57%)
LEV24 : 179.350s (+1.43%)
GFK24 : 243.275s (+1.63%)
GFQ24 : 255.675s (+1.72%)
GFU24 : 256.625s (+1.74%)
Hogs Close Tuesday with Strength

Lean hogs saw some gains to round up the Tuesday session, up 7 to 87 cents across the board. USDA’s National Average Base Hog negotiated price was up $1.05 in the Tuesday afternoon print at $90.83. The...

HEM24 : 98.325s (+0.87%)
HEN24 : 100.925s (+0.87%)
HEQ24 : 99.900s (+0.63%)
Shootin' the Bull about Polar opposites

Polar opposites in the basis of fats and feeders.  In fats, it's $9.00 positive and in the feeders $14.00 negative.  How is buying feeder cattle futures at a premium and selling fat futures at a discount...

Can the Meats Rally During the Peak Season in 2024?

The annual grilling season, when beef and pork demand tend to peak, begins in a few short weeks at the end of May on the Memorial Day weekend. Cattle prices remain near record highs, and hog futures have...

LEM24 : 178.175s (+1.48%)
GFQ24 : 255.675s (+1.72%)
HEM24 : 98.325s (+0.87%)
Cattle Shooting Higher with Beef Sparking a Rally

Live are up triple digits across the board on Tuesday, as contracts are up $2.25 to $3.50. Cash action was mostly compiling showlists on Monday. Last week was mixed, with the South seeing action anywhere...

LEM24 : 178.175s (+1.48%)
LEQ24 : 176.125s (+1.57%)
LEV24 : 179.350s (+1.43%)
GFK24 : 243.275s (+1.63%)
GFQ24 : 255.675s (+1.72%)
GFU24 : 256.625s (+1.74%)
Hogs Heading Higher at Midday with Supportive Pork Prices

Lean hogs are up 35 to 72 cents on Tuesday. USDA’s National Average Base Hog negotiated price was not reported this morning, with the Monday afternoon print at $89.78. The CME Lean Hog Index was down...

HEM24 : 98.325s (+0.87%)
HEN24 : 100.925s (+0.87%)
HEQ24 : 99.900s (+0.63%)
US Economy: Is Consumerism Being Curbed?

A few key economic indicator markets seem to be telling us the consumerism that has underpinned the US economy could be waning.

SBUX : 75.99 (+0.48%)
KCK24 : 202.30 (-0.27%)
MCD : 271.50 (+0.31%)
Cattle Look to Tuesday Trade, as Boxed Beef Prices Improve

Live cattle closed the Monday session with contracts mostly 5 to 72 cents lower, as a couple spring 2025 contracts were slightly higher. Cash was mixed around last week, with the South seeing action anywhere...

LEM24 : 178.175s (+1.48%)
LEQ24 : 176.125s (+1.57%)
LEV24 : 179.350s (+1.43%)
GFK24 : 243.275s (+1.63%)
GFQ24 : 255.675s (+1.72%)
GFU24 : 256.625s (+1.74%)

Key Turning Points

3rd Resistance Point N/A
2nd Resistance Point 81.325
1st Resistance Point 81.250
Last Price 81.175s
1st Support Level 81.100
2nd Support Level 81.025
3rd Support Level N/A

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52-Week High 85.850
Last Price 81.175s
Fibonacci 61.8% 79.891
Fibonacci 50% 78.050
Fibonacci 38.2% 76.209
52-Week Low 70.250

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