Lean Hogs Jul '21 (HEN21)
Lean Hogs Futures Market News and Commentary
Lean hog futures posted Thursday losses of a dime to $1.15 in the front months, with other contracts steady to 37 cents higher. USDA’s national base hog price was reported at $95.29 by USDA on Thursday afternoon, down 27 cents from the day prior. The CME Lean Hog Index was back up 38 cents on June 23 at $91.85Â
USDA’s Hogs and Pigs showed June 1 hog inventory down 0.04% from last year at 73.664 million head. Hogs kept for breeding were down 1.16% at 5.88 million head, with market hog inventory up just 0.05% to 67.784 million head, vs. trade estimates of 1.1%. The March-May pig crop was up 0.2% to 33.521 million head. Farrowings in that period were down 1.02%. Farrowing intentions for the June-August period are seen at 2.9 million head, down 2.19% from last year.
Export Sales data from USDA showed pork sales for 2026 at 26,229 MT for the week ending on 6/18, a 3-week high. Shipments were tallied at 32,007 MT, back up from last week’s calendar year low.
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Barchart · Thu Jun 25, 5:01PM CDT
Lean hog futures posted Thursday losses of a dime to $1.15 in the front months, with other contracts steady to 37 cents higher. USDA’s national base...
Barchart · Thu Jun 25, 5:01PM CDT
Live cattle were steady to $1.40 higher on Thursday, with December down a dime. Cash trade saw some very light volume $260 live and $408 dressed in the...
Blue Line Futures · Thu Jun 25, 3:39PM CDT
Your eyes do not deceive you. There was green on the screen today with soybeans leading the way with gains of over 20 cents, again having us wonder if...
Swift Trading Company · Thu Jun 25, 2:40PM CDT
After today's trading activity, what to be prepared for is the price being paid for new inventory and potentially not the support of the rest of the industry...
Barchart · 1 minute ago
Truist Financial will release its second-quarter earnings next month, and analysts anticipate a double-digit bottom-line growth.
Barchart · 4 minutes ago
Fifth Third Bancorp will release its second-quarter earnings next month, and analysts anticipate a single-digit bottom-line growth.
Barchart · 6 minutes ago
Travelers Companies will release its second-quarter earnings next month, and analysts anticipate a double-digit profit dip.
Barchart · 9 minutes ago
Regions Financial will release its second-quarter earnings next month, and analysts anticipate a single-digit bottom-line growth.
Barchart · 14 minutes ago
Charles Schwab will release its second-quarter earnings soon, and analysts anticipate a double-digit bottom-line growth.
Barchart · Thu Jun 25, 6:30PM CDT
A 54-year dividend growth streak gives PepsiCo credibility. But upcoming earnings will show if the streak will continue.
Barchart · Thu Jun 25, 5:01PM CDT
Soybeans were up 16 1/2 to 22 cents across the board at Thursday’s close. The cmdtyView national average Cash Bean price was up 20 1/2 cents at $10.79...
Barchart · Thu Jun 25, 5:01PM CDT
Corn futures rallied into the Thursday close, as contracts were 4 ¼ to 8 ½ cents higher on the session. The CmdtyView national average Cash Corn price...