Lean Hogs Feb '27 (HEG27)
Lean Hogs Futures Market News and Commentary
Lean hog futures were 90 cents to $1.27 higher to close Friday, with October up $1.02 on the week, led by the Friday strength. USDA’s national base hog price was at $89.57 in the Friday PM report, down 19 cents from the day prior. The CME Lean Hog Index was down another 28 cents on August 26 at $92.14.
Friday’s Commitment of Traders data showed managed money adding 7,649 contracts back to their now record net short position in lean hog futures and options during the week of August 25. That took their net short to 31,135 contracts.
USDA’s pork carcass cutout value was back up $2.26 in the Friday afternoon report, at $96.06. All primals were reported higher, led by a $6.30 gain in the belly. USDA estimated federally inspected hog slaughter for this week at 2.377 million head including Saturday. That is 11,000 head above the previous week and down 9,985 head from the same week last year.
Oct 26 Hogs closed at $81.900, up $1.275,
Dec 26 Hogs closed at $72.300,... Read more
Walsh Trading · Fri Aug 28, 4:45PM CDT
Early short-cover attempt fails
Barchart · Fri Aug 28, 4:36PM CDT
Lean hog futures were 90 cents to $1.27 higher to close Friday, with October up $1.02 on the week, led by the Friday strength. USDA’s national base hog...
Barchart · Fri Aug 28, 4:36PM CDT
Live cattle futures faced weakness on Friday, with contracts down 45 cents to $1.30, as October fell $6.20 on the week. Cash trade picked up later on Friday...
Barchart · Fri Aug 28, 12:22PM CDT
Live cattle futures are down $1 to $1.20 across the front months. Cash trade has been near $220 to $345 this week. The Friday morning Fed Cattle Exchange...
Barchart · Fri Aug 28, 12:22PM CDT
Lean hog futures are trading with contracts holding near unchanged, with nearby gains of a nickel to losses of a tick. USDA’s national base hog price...
Barchart · Fri Aug 28, 7:29AM CDT
Lean hog futures posted modest gains of 10 to 52 cents on Thursday, as October was the lone holdout, down 27 cents. Open interest was up 3,731 contracts,...
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