Lean Hogs Jun '19 (HEM19)
Lean Hogs Futures Market News and Commentary
Lean hog futures were down 45 cents to $1.55 in most front months on Friday, with June up 85 cents this week. USDA’s national base hog price was reported at $90.42 on Friday afternoon. The CME Lean Hog Index was up another 38 cents on April 22 at $91.43.Â
Cold Storage data from Friday showed March 31 pork stocks at 411.28 million lbs, which was a 0.44% increase from a year ago and 2.09% above last year.
Commitment of Traders data showed managed money in lean hog futures and options slashing another 22,296 contracts from their net long as of April 21, taking it to 65,591 contracts.
USDA’s pork carcass cutout value from the Friday PM report was back up $1.79 at $99.61 per cwt. The rib and ham primals were the only reported lower. USDA estimated this week’s federally inspected slaughter at 2.469 million head. That is down 17,000 head from the previous week but 53,057 head above the same week last year.
May 26 Hogs  closed at $94.300, down $1.350,
Jun 26 Ho... Read more
Barchart · Fri Apr 24, 5:22PM CDT
Live cattle futures were $1.22 to $1.77 higher at the Friday close, to limit the weekly loss for April to $1.65. Cash trade this week has been centered...
Barchart · Fri Apr 24, 5:22PM CDT
Lean hog futures were down 45 cents to $1.55 in most front months on Friday, with June up 85 cents this week. USDA’s national base hog price was reported...
Walsh Trading · Fri Apr 24, 4:29PM CDT
Cattle Closes Higher ending week on a positive note
Barchart · Fri Apr 24, 2:33PM CDT
It may seem conterintuitive, but there are recognizable patterns you can use to your advantage, even within the chaos.
Barchart · Fri Apr 24, 12:26PM CDT
Live cattle futures are showing 32 to 57 cent gains at midday. Cash trade this week has been centered around $246 across the country. The Friday morning...
Barchart · 1 hour ago
Three under-the-radar dividend stocks offer yields up to 13%, bullish analyst ratings, and possible upside for income investors seeking overlooked names....
Barchart · Fri Apr 24, 5:22PM CDT
Live cattle futures were $1.22 to $1.77 higher at the Friday close, to limit the weekly loss for April to $1.65. Cash trade this week has been centered...
Barchart · Fri Apr 24, 5:22PM CDT
The wheat complex was lower across the winter wheat contracts on Friday, with Spring wheat holding up. Chicago SRW futures were steady to 3 ½ cents lower...
Barchart · Fri Apr 24, 5:22PM CDT
Lean hog futures were down 45 cents to $1.55 in most front months on Friday, with June up 85 cents this week. USDA’s national base hog price was reported...
Barchart · Fri Apr 24, 5:22PM CDT
Soybeans futures closed Friday with contracts steady to 4 cents higher, as May settled the week with a 3 ½ cent loss and November down ¾ cent. The cmdtyView...
Barchart · Fri Apr 24, 5:22PM CDT
Cotton futures were down 1 to 12 points across most front months on Friday, with May the lone hold out, up 20 points. May was still down 40 points this...
Barchart · Fri Apr 24, 5:22PM CDT
Corn futures posted mixed trade, with contracts down ½ cent to 2 cents higher. Mar was up 6 ¼ cents on the week, with December up 7 ¼ cents. The CmdtyView...
Barchart · Fri Apr 24, 3:50PM CDT
Based on recent trading activity, it seems the grains are mostly getting caught up in headlines and social media posts, not fundamentals.
