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Lean Hogs Feb '21 (HEG21)

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Lean Hogs Futures Market News and Commentary

Hogs Close Mixed on Tuesday

Lean hog futures saw mixed trade at Tuesday’s final bell, with June up 37 cents and other contracts down $1.12. USDA’s national base hog price was not reported on Tuesday afternoon due to low volume. The CME Lean Hog Index was down 19 cents on May 21 at $90.88 

USDA’s pork carcass cutout value from the Tuesday afternoon report was up $2.59 at $98.85 per cwt. The loin primal was the only reported lower. USDA estimated federally inspected hog slaughter for Tuesday at 468,000 head, with the weekly total at 469,000 head including the limited Monday total. That is down 14,576 head from the same week last year.

Jun 26 Hogs  closed at $96.125, up $0.375,

Jul 26 Hogs  closed at $100.125, down $0.275

Aug 26 Hogs  closed at $99.050, down $1.025,

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 sole... 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
$1,870/1,700
First Notice Date
02/12/21
Expiration Date
02/12/21 (expired)

Seasonal Chart

Lean Hogs Feb '21
Average Price Chart for 5 Prior Feb Contracts

Commitment of Traders Positions as of May 19, 2026

View Chart Details
Commercials - Long / Short
129,862 (+1,385)
119,634 (-3,488)
Non-Commercials - Long / Short
89,006 (-1,897)
96,203 (+2,966)
Producers - Long / Short
46,137 (-863)
105,586 (-3,675)
Swap Dealers - Long / Short
80,898 (+1,847)
11,221 (-214)
Managed Money - Long / Short
76,026 (+520)
53,216 (+6,921)
Other Reportables - Long / Short
12,980 (-2,417)
42,987 (-3,955)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
66.125 +11.91%
on 01/14/21
74.250 -0.34%
on 02/12/21
+5.500 (+8.03%)
since 01/12/21
3-Month
62.750 +17.93%
on 11/20/20
74.250 -0.34%
on 02/12/21
+7.275 (+10.90%)
since 11/12/20
52-Week
52.575 +40.75%
on 04/03/20
74.250 -0.34%
on 02/12/21
+6.850 (+10.20%)
since 02/12/20

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Cattle Close Mixed After Back and Forth Tuesday Trade

Live cattle futures closed with losses of 45 cents to $1.07 in the nearbys and 17 to 45 cent gains in back months. Cash trade from last week was $260 to $265 across the country. Feeder cattle futures saw...

LEV26 : 230.950s (+0.10%)
LEQ26 : 239.150s (-0.19%)
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GFU26 : 347.025s (+0.04%)
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GFV26 : 343.900s (+0.08%)
Hogs Close Mixed on Tuesday

Lean hog futures saw mixed trade at Tuesday’s final bell, with June up 37 cents and other contracts down $1.12. USDA’s national base hog price was not reported on Tuesday afternoon due to low volume....

HEN26 : 100.125s (-0.27%)
HEM26 : 96.125s (+0.39%)
HEQ26 : 99.050s (-1.02%)
Shootin' the Bull about who gets to put on the pounds

While the on feed numbers grew, some thought that meant fewer cattle. That is not the case, it is that there will be fewer animals for someone else to put the pounds on over the summer.

Hogs Slipping Lower on Tuesday’s Midday

Lean hog futures are down 12 cents to $1.30 so far on Tuesday. USDA’s national base hog price was not reported on Tuesday morning due to low volume. The CME Lean Hog Index was down 19 cents on May 21...

HEN26 : 100.125s (-0.27%)
HEM26 : 96.125s (+0.39%)
HEQ26 : 99.050s (-1.02%)
Cattle Fading Early Strength for Midday Losses on Tuesday

Live cattle futures are falling $1.22 to $2.15 at midday. Cash trade from last week was been $260 to $265 across the country, with late sales slipping to $258-260. Feeder cattle futures are slipping back...

LEV26 : 230.950s (+0.10%)
LEQ26 : 239.150s (-0.19%)
LEM26 : 248.225s (-0.43%)
GFU26 : 347.025s (+0.04%)
GFQ26 : 349.450s (-0.11%)
GFV26 : 343.900s (+0.08%)
Bulls Are Losing Their Crip as Cattle Collapses. What to Watch.

Cattle bulls lost their grip at the end of last week, but hog bulls could soon see a price floor in place.

HEM26 : 96.125s (+0.39%)
GFQ26 : 349.450s (-0.11%)
LEM26 : 248.225s (-0.43%)
GFQ26 : 349.450s (-0.11%)
Hogs Look to Tuesday Trade Following 3-Day Weekend

Lean hog futures closed mixed on Friday, with contracts 62 cents higher to 72 cents lower. June was down $3 last week. USDA’s national base hog price was $93.23 in the Friday PM report, down 35 cents...

HEN26 : 100.125s (-0.27%)
HEM26 : 96.125s (+0.39%)
HEQ26 : 99.050s (-1.02%)
Cattle Traders Look to Respond to Cattle on Feed Data After Long Weekend

Live cattle futures were up 25 cents to $1.02 lower on Friday, with June down $4.60 last week. Open interest was down 3,356 contracts on Friday. Cash trade from last week has been $260 to $265 across the...

LEV26 : 230.950s (+0.10%)
LEQ26 : 239.150s (-0.19%)
LEM26 : 248.225s (-0.43%)
GFU26 : 347.025s (+0.04%)
GFQ26 : 349.450s (-0.11%)
GFV26 : 343.900s (+0.08%)
Lean Hogs & The 61.8% Retracement

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

HEQ26 : 99.050s (-1.02%)
Cattle and grains simmer into Memorial Day weekend

Thank you to ALL who serve to keep us FREE!

Barchart Trading Guide

The Barchart Trading Guide is a Buy Signal with a Strong Signal Strength.

Key Turning Points

3rd Resistance Point 74.450
2nd Resistance Point 74.350
1st Resistance Point 74.175
Last Price 74.000s
1st Support Level 73.900
2nd Support Level 73.800
3rd Support Level 73.625

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52-Week High 74.250
Last Price 74.000s
Fibonacci 61.8% 65.970
Fibonacci 50% 63.412
Fibonacci 38.2% 60.855
52-Week Low 52.575

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