Lean Hogs Feb '23 (HEG23)
Lean Hogs Futures Market News and Commentary
Lean hog futures were 22 cents to $1.50 higher across the board on Friday, with August hogs down $4 this week. USDA’s national base hog price was reported at $100.41 on Friday afternoon, down 64 cents from the day prior. The CME Lean Hog Index was down a penny on July 29 at $98.44.
The weekly CFTC Commitment of Traders report showed managed money slashing 7,273 contracts from their previously near record net short position in the week of July 28. That took the net short to 10,884 contracts.
USDA’s pork carcass cutout value was down 18 cents in the Friday morning report, at $101.46. The picnic, ham, and belly primals were the only reported lower. USDA estimated federally inspected hog slaughter for the week to date total at 2.284 million head, through Saturday. That is 21,000 head above the previous week and 55,494 head shy of the same week last year.
Aug 26 Hogs closed at $98.850, up $0.425,
Oct 26 Hogs closed at $84.850, up $1.500
Dec 26 Hogs close... Read more
Barchart · Fri Jul 31, 5:11PM CDT
Live cattle futures were mixed, with contracts up 52 cents to 20 cents lower. August was up $4.67 this week. USDA picked up cash trade at $232-233, with...
Barchart · Fri Jul 31, 5:11PM CDT
Lean hog futures were 22 cents to $1.50 higher across the board on Friday, with August hogs down $4 this week. USDA’s national base hog price was reported...
Walsh Trading · Fri Jul 31, 5:09PM CDT
Markets rally early and can't hold rally
Swift Trading Company · Fri Jul 31, 2:38PM CDT
What appears to be taking place is the transition from the bull market to maybe a bear market.
Barchart · Fri Jul 31, 12:32PM CDT
Live cattle futures are trading with contracts 45 cents to $1.125 higher. USDA picked up cash trade at $232-233, with some up to $235. The Thursday Fed...
Barchart · Fri Jul 31, 6:00PM CDT
One dominates in size and growth, but the other trades at a lower valuation and higher yield. Discover which is the better dividend stock.
Barchart · Fri Jul 31, 5:11PM CDT
Cotton futures closed the Friday session with contracts 53 to 112 points. December managed to close the week with a 181 point gains. Crude oil was back...
Barchart · Fri Jul 31, 5:11PM CDT
Live cattle futures were mixed, with contracts up 52 cents to 20 cents lower. August was up $4.67 this week. USDA picked up cash trade at $232-233, with...
Barchart · Fri Jul 31, 5:11PM CDT
Soybeans posted 1 to 5 ¼ cent losses across most contracts on Friday. August was down 76 cents on the week, with November dropping 66 cents. November...
Barchart · Fri Jul 31, 5:11PM CDT
The wheat complex fell into the weekend, with losses across the three exchanges as money was coming out at the end of the month. Chicago SRW contracts...
Barchart · Fri Jul 31, 5:11PM CDT
Lean hog futures were 22 cents to $1.50 higher across the board on Friday, with August hogs down $4 this week. USDA’s national base hog price was reported...
Barchart · Fri Jul 31, 5:11PM CDT
Corn futures posted losses of 1 ½ to 5 cents on the Friday session, as September and December both closed the week with a 23 ½ cent loss. Spillover weakness...
Barchart · Fri Jul 31, 4:11PM CDT
Apple stock sinks as muted guidance makes GF Securities downgrade it to 'Hold.' Here’s what the investment firm said in its research note today.