[[ type === 'moc' ? 'MARKET ON CLOSE' : 'FREE WEBINAR' ]]
[[ timeLabel ]] WATCH LIVE:
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.
Stocks | Futures | Watchlist | News | More
or

Lean Hogs May '23 (HEK23)

[[ 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 ]]
Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ value ]] [[ value ]] ([[ financialData.relativeStrengthDirection14d ]]) ([[ financialData.highPercent1y ]]) ([[ financialData.lowPercent1y ]])

Lean Hogs Futures Market News and Commentary

Hogs Follow Up USDA Report with Friday Gains

Lean hog futures were $1 to $1.37 higher on Friday, with front months down 2 to up 22 cents. July was $2.10 lower this week. USDA’s national base hog price was reported at $93.44 on Friday afternoon, down $1.85 from the day prior. The CME Lean Hog Index was back down 7 cents on June 24 at $91.78 

USDA’s Hogs and Pigs showed June 1 hog inventory down 0.04% from last year at 73.664 million head. Hogs kept for breeding were down 1.16% at 5.88 million head, with market hog inventory up just 0.05% to 67.784 million head, vs. trade estimates of 1.1%. The March-May pig crop was up 0.2% to 33.521 million head. Farrowings in that period were down 1.02%. Farrowing intentions for the June-August period are seen at 2.9 million head, down 2.19% from last year.

Commitment of Traders data tallied managed money at a net short of 25,560 contracts as of June 23 in lean hog futures and options, an increase of 4,601 contracts.

USDA’s pork carcass cutout value was 15 cents higher in th... 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
$1,650/1,500
First Notice Date
05/12/23
Expiration Date
05/12/23 (expired)

Seasonal Chart

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

Commitment of Traders Positions as of Jun 23, 2026

View Chart Details
Commercials - Long / Short
130,019 (-9,995)
74,111 (-5,112)
Non-Commercials - Long / Short
69,224 (+2,355)
126,433 (+222)
Producers - Long / Short
48,419 (-9,133)
67,134 (-3,960)
Swap Dealers - Long / Short
77,564 (-596)
2,941 (-886)
Managed Money - Long / Short
51,744 (+2,888)
85,396 (+7,900)
Other Reportables - Long / Short
17,480 (-533)
41,037 (-7,678)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
75.300 +1.76%
on 05/05/23
81.600 -6.10%
on 04/17/23
-4.900 (-6.01%)
since 04/12/23
3-Month
75.300 +1.76%
on 05/05/23
97.675 -21.55%
on 02/21/23
-16.575 (-17.78%)
since 02/10/23
52-Week
75.300 +1.76%
on 05/05/23
102.150 -24.99%
on 12/27/22
-17.925 (-18.96%)
since 05/12/22

More Lean Hogs Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Grain markets attempting bottom ahead of USDA reports

Key USDA acreage reports on June 30th

Corn. Wheat, Soybean Analysis With Fibonacci & W.D. Gann

Educational and Actionable information using Fibonacci and W.D. Gann analysis.

ZSN26 : 1126-2s (-0.11%)
ZWN26 : 578-2s (-2.16%)
ZCN26 : 412-6s (-0.48%)
Beyond Carry: Why Direction Matters in Commodity Spread Trading

Carry helps identify opportunity—but it doesn't tell you which side of the trade has the historical edge. Using a database of more than 31,000 commodity spread trades, this article introduces the first...

Cattle Markets fall back

Futures ignore steady cash and trade lower

Hogs Follow Up USDA Report with Friday Gains

Lean hog futures were $1 to $1.37 higher on Friday, with front months down 2 to up 22 cents. July was $2.10 lower this week. USDA’s national base hog price was reported at $93.44 on Friday afternoon,...

HEQ26 : 96.575s (-0.03%)
HEN26 : 92.925s (+0.24%)
HEV26 : 81.950s (+1.24%)
Cattle Fall Back on Friday

Live cattle were down 40 cents to $1.42 across most contracts, with June the lone exception, up a nickel. August was down 80 cents this week. Cash trade saw volume pick up late on Friday to $260 live and...

LEV26 : 239.200s (-0.59%)
LEQ26 : 245.825s (-0.57%)
LEM26 : 257.450s (+0.02%)
GFU26 : 367.675s (-1.00%)
GFQ26 : 369.850s (-0.92%)
GFV26 : 364.600s (-1.02%)
Shootin' the Bull about heaping on the risk

Capital outlay hit a new high this week as historical prices were paid in multiple weight categories. This widened the starting feeder to finished fat spread by over $20.00 from June 16 to June 26.

Hogs Posting Strength on Friday

Lean hog futures are up a tick to $1.10 in the front months on Friday. USDA’s national base hog price was not reported on Friday morning. The CME Lean Hog Index was back down 7 cents on June 24 at $91.78...

HEQ26 : 96.575s (-0.03%)
HEN26 : 92.925s (+0.24%)
HEV26 : 81.950s (+1.24%)
Cattle Facing Friday Weakness

Live cattle are 35 cents to $1.20 in the red at midday. Cash trade saw some very light volume $260 live and $408 dressed in the north on Wednesday, with a few bids at $255. The Friday morning Fed Cattle...

LEV26 : 239.200s (-0.59%)
LEQ26 : 245.825s (-0.57%)
LEM26 : 257.450s (+0.02%)
GFU26 : 367.675s (-1.00%)
GFQ26 : 369.850s (-0.92%)
GFV26 : 364.600s (-1.02%)
Lean Hogs Are Rising. You Can Thank the USDA and Elevated Beef Prices.

August lean hog futures present a buying opportunity on more price strength.

HEQ26 : 96.575s (-0.03%)
HEQ26 : 96.575s (-0.03%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 77.458
2nd Resistance Point 77.292
1st Resistance Point 76.958
Last Price 76.625s
1st Support Level 76.458
2nd Support Level 76.292
3rd Support Level 75.958

See More

52-Week High 102.150
Fibonacci 61.8% 91.893
Fibonacci 50% 88.725
Fibonacci 38.2% 85.557
Last Price 76.625s
52-Week Low 75.300

See More

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
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.
Use your up/down arrows to move through the symbols.