Lean Hogs Feb '24 (HEG24)
Lean Hogs Futures Market News and Commentary
Lean hog futures are falling back on Friday with losses of 45 cent to $1.60 at midday.  USDA’s national base hog price was reported at $92.51 on Friday morning, down 92 cents from the day prior. The CME Lean Hog Index was back up 10 cents on April 28 at $91.41.Â
USDA’s APHIS confirmed cases of pseudorabies in a small commercial hog herd in IA on Thursday, the first case detected since 2004. The boars that confirmed positive test had originated from an outdoor facility in TX.
USDA’s pork carcass cutout value from the Friday AM report was up $3.49 at $100.25 per cwt. All primals were reported higher, led by a $9.49 gain in the belly. USDA estimated the Thursday federally inspected slaughter at 479,000 head, with the week to date total at 1.94 million head. That is down 13,000 head from the previous week but 5,089 head above the same week last year.
May 26 Hogs  are at $93.000, down $0.450,
Jun 26 Hogs  are at $101.225, down $1.050
Jul 26 Hogs are at $103.... Read more
Barchart · 1 hour ago
Live cattle futures are mostly higher on Friday with contracts a tick to 30 cents higher, and newly appointed June down 50 cents. Cash trade got kicked...
Barchart · 1 hour ago
Lean hog futures are falling back on Friday with losses of 45 cent to $1.60 at midday. USDA’s national base hog price was reported at $92.51 on Friday...
Barchart · 1 hour ago
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Barchart · Fri May 1, 7:35AM CDT
Live cattle futures posted mixed trade at the close, with contracts down $1.25 to $1.60 higher in the expiring April contract. Cash trade got kicked off...
Barchart · Fri May 1, 7:35AM CDT
Lean hog futures were down 25 cents to $1.65 at the Thursday close. Open interest suggested some modest long liquidation, down 3,105 contracts. USDA’s...
Barchart · Thu Apr 30, 5:00PM CDT
Live cattle futures posted mixed trade at the close, with contracts down $1.25 to $1.60 higher in the expiring April contract. Cash trade got kicked off...
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