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Lean Hogs Pit Dec '18 (LHZ18)

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Lean Hogs (Pit) Futures Market News and Commentary

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 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 [Pit]
Contract Size
40,000 pounds
Tick Size
0.00025 per pound ($10.00 per contract)
Trading Hours
8:30a.m. - 1:02p.m. CST
Exchange
CME
Point Value
$400
Expiration Date
12/14/18 (expired)

Seasonal Chart

Lean Hogs Pit Dec '18
Average Price Chart for 5 Prior Pit Contracts
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
54.250 +1.29%
on 12/07/18
61.025 -9.95%
on 11/19/18
-2.050 (-3.60%)
since 11/14/18
3-Month
51.600 +6.49%
on 10/19/18
61.025 -9.95%
on 11/19/18
-1.700 (-3.00%)
since 09/14/18
52-Week
44.375 +23.83%
on 08/08/18
64.950 -15.40%
on 02/22/18
-8.150 (-12.92%)
since 12/14/17

More Lean Hogs (Pit) Quotes

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Most Recent Stories

More News
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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

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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%)
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Cattle Look to Tuesday Trade, as Boxed Beef Prices Improve

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LEM24 : 178.175s (+1.48%)
LEQ24 : 176.125s (+1.57%)
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GFK24 : 243.275s (+1.63%)
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Hogs Traders Ready for Tuesday Session

Lean hogs were down 5 cents to $1.40 across most contracts. USDA’s National Average Base Hog negotiated price was up $1.37 on Monday afternoon at $89.78. The CME Lean Hog Index was up just 4 cents...

HEM24 : 98.325s (+0.87%)
HEN24 : 100.925s (+0.87%)
HEQ24 : 99.900s (+0.63%)
Cattle Mixed Around on Monday, 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 54.950
1st Resistance Point 54.950
Last Price 54.950s
1st Support Level 54.950
2nd Support Level 54.950
3rd Support Level N/A

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52-Week High 64.950
Fibonacci 61.8% 57.090
Last Price 54.950s
Fibonacci 50% 54.662
Fibonacci 38.2% 52.235
52-Week Low 44.375

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