Lean Hogs Aug '24 (HEQ24)
Lean Hogs Futures Market News and Commentary
Lean hog futures were down 57 cents to $1.72 at Wednesday’s close. USDA’s national base hog price was reported at $94.59 on Wednesday afternoon, down 86 cents from the day prior. The CME Lean Hog Index was back up 7 cents on May 4 at $91.10.
USDA’s pork carcass cutout value from the Wednesday PM report was down 87 cents at $95.10 per cwt. The ham and belly primals were the only reported higher. USDA estimated federally inspected hog slaughter for Wednesday at 488,000 head, with the weekly total at 1.455 million head. That is down 6,000 head from the previous week but 17,778 head above the same week last year.
May 26 Hogs  closed at $91.700, down $1.100,
Jun 26 Hogs  closed at $99.700, down $1.725
Jul 26 Hogs  closed at $102.250, down $1.275,
On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article i... Read more
Barchart · Wed May 6, 5:07PM CDT
Lean hog futures were down 57 cents to $1.72 at Wednesday’s close. USDA’s national base hog price was reported at $94.59 on Wednesday afternoon, down...
Barchart · Wed May 6, 5:07PM CDT
Live cattle futures posted mixed results on Wednesday, with contracts down 22 cents to 55 cents higher. Cash trade from last week finished out near $256-257....
Swift Trading Company · Wed May 6, 3:35PM CDT
There appears very little left to the supply side story of cattle.
Barchart · Wed May 6, 12:22PM CDT
Live cattle futures are up 27 to 95 cents on Wednesday. Cash trade from last week finished out near $256-257. It has been quiet so far this week, with...
Barchart · Wed May 6, 12:22PM CDT
Lean hog futures are down 92 cents to $1.57 at Wednesday’s midday. Open interest suggested net new buying, up 2,508 contracts. USDA’s national base...
Barchart · Wed May 6, 7:28AM CDT
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