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Lean Hogs May '26 (HEK26)

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Lean Hogs Futures Market News and Commentary

Hogs Close Mixed on Tuesday

Lean hog futures were mixed at the Tuesday close, with contracts down 42 cents in July to up 50 cents in August and most of the rest of the board in between. USDA’s national base hog price was reported at $97.26 on Tuesday afternoon, down 51 cents from the day prior. The CME Lean Hog Index was back down 53 cents on June 19 at $91.64. 

USDA’s pork carcass cutout value from the Tuesday PM report was down 85 cents at $95.23 per cwt. The ham primal was the only reported higher. USDA estimated federally inspected hog slaughter for Tuesday at 486,000 head, taking the weekly total to 942,000 head. That was down 21,000 head from last week but 12,996 head above the same week last year.

Jul 26 Hogs  closed at $94.225, down $0.425,

Aug 26 Hogs  closed at $97.225, up $0.500

Oct 26 Hogs  closed at $81.200, up $0.350,

On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities menti... 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
$1,650/1,500
First Notice Date
05/14/26
Expiration Date
05/14/26 (expired)

Seasonal Chart

Lean Hogs May '26
Average Price Chart for 5 Prior May Contracts

Commitment of Traders Positions as of Jun 16, 2026

View Chart Details
Commercials - Long / Short
140,014 (+9,740)
79,223 (-9,361)
Non-Commercials - Long / Short
66,869 (-4,248)
126,211 (+12,973)
Producers - Long / Short
57,552 (+7,021)
71,094 (-8,322)
Swap Dealers - Long / Short
78,160 (+1,521)
3,827 (-2,237)
Managed Money - Long / Short
48,856 (-1,554)
77,496 (+2,625)
Other Reportables - Long / Short
18,013 (-2,694)
48,715 (+10,348)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
90.375 +0.08%
on 05/14/26
95.750 -5.54%
on 04/22/26
-3.625 (-3.85%)
since 04/15/26
3-Month
90.375 +0.08%
on 05/14/26
101.875 -11.21%
on 03/05/26
-4.850 (-5.09%)
since 02/13/26
52-Week
84.800 +6.66%
on 11/21/25
103.075 -12.25%
on 02/04/26
+2.675 (+3.05%)
since 05/15/25

More Lean Hogs Quotes

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Most Recent Stories

More News
Hogs Close Mixed on Tuesday

Lean hog futures were mixed at the Tuesday close, with contracts down 42 cents in July to up 50 cents in August and most of the rest of the board in between. USDA’s national base hog price was reported...

HEQ26 : 97.225s (+0.52%)
HEN26 : 94.225s (-0.45%)
HEV26 : 81.200s (+0.43%)
Cattle Faces Tuesday Weakness, Despite Beef Strength

Live cattle futures were down 67 cents to $1.35 across most contracts on the day. Cash trade has yet to develop this week, as sales crept up to $258-260 last week. Feeder cattle futures were 42 cents to...

LEV26 : 239.750s (-0.52%)
LEQ26 : 246.000s (-0.55%)
LEM26 : 255.150s (-0.26%)
GFU26 : 366.975s (-0.50%)
GFQ26 : 368.150s (-0.61%)
GFV26 : 364.600s (-0.39%)
One Week to the USDA Acreage Report — Here's What to Watch in Corn, Beans & Wheat

Corn, soybeans, and wheat appear to be stuck in a rut as traders anxiously await next week's acreage report.

Shootin' the Bull about picky traders

Traders continue to be picky as to when, and by how much, they converge basis on any given day.

How will Screwworm Impact Cattle Prices?

Cattle futures are in the heart of the 2026 grilling season, which began in late May and will run through early September. Cattle futures remain in a long-term bullish trend, but the outbreak of screwworm...

LEQ26 : 246.000s (-0.55%)
GFQ26 : 368.150s (-0.61%)
Cattle Slipping Back on Tuesday, as Beef Rallies Above $400

Live cattle futures are trading with 60 cent to $1.10 losses so far on Tuesday. Cash trade has yet to develop this week, as sales crept up to $258-260 last week. Feeder cattle futures are 57 cents to $1.62...

LEV26 : 239.750s (-0.52%)
LEQ26 : 246.000s (-0.55%)
LEM26 : 255.150s (-0.26%)
GFU26 : 366.975s (-0.50%)
GFQ26 : 368.150s (-0.61%)
GFV26 : 364.600s (-0.39%)
Hogs Posting Mixed at Midday

Lean hog futures are mixed, with front month July down 35 cents and other contracts up 60 to 77 cents. USDA’s national base hog price was reported at $97.47 on Tuesday morning. The CME Lean Hog Index...

HEQ26 : 97.225s (+0.52%)
HEN26 : 94.225s (-0.45%)
HEV26 : 81.200s (+0.43%)
Hogs Look to Tuesday Following Monday Weakness

Lean hog futures were steady to 70 cents lower across the board on Monday. Open interest was down 1,039 contracts. USDA’s national base hog price was reported at $97.77 on Monday afternoon, up $3.86...

HEQ26 : 97.225s (+0.52%)
HEN26 : 94.225s (-0.45%)
HEV26 : 81.200s (+0.43%)
Cattle Post Strength on Monday, as Traders Look to Tuesday

Live cattle futures closed with Monday session with contracts 72 cents to $2.17 higher across the board, though most contracts were nearly $2 off the intraday highs. Open interest suggested new buying,...

LEV26 : 239.750s (-0.52%)
LEQ26 : 246.000s (-0.55%)
LEM26 : 255.150s (-0.26%)
GFU26 : 366.975s (-0.50%)
GFQ26 : 368.150s (-0.61%)
GFV26 : 364.600s (-0.39%)
Cattle Slips off Session Highs, Still Close with Gains

Live cattle futures closed with Monday session with contracts 72 cents to $2.17 higher across the board, though most contracts were nearly $2 off the intraday highs. Cash trade was slow last week, sales...

LEV26 : 239.750s (-0.52%)
LEQ26 : 246.000s (-0.55%)
LEM26 : 255.150s (-0.26%)
GFU26 : 366.975s (-0.50%)
GFQ26 : 368.150s (-0.61%)
GFV26 : 364.600s (-0.39%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 90.450
2nd Resistance Point 90.450
1st Resistance Point 90.450
Last Price 90.450s
1st Support Level 90.450
2nd Support Level 90.450
3rd Support Level 90.450

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52-Week High 103.075
Fibonacci 61.8% 96.094
Fibonacci 50% 93.938
Fibonacci 38.2% 91.781
Last Price 90.450s
52-Week Low 84.800

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