Lean Hogs Dec '24 (HEZ24)
Lean Hogs Futures Market News and Commentary
Lean hog futures were up 25 to 82 cents across most contracts on Friday, with expiring June up 25 cents. July was down $1.35 this week. USDA’s national base hog price was reported at $95.27 on Friday afternoon, down $1.99 from the day prior. The CME Lean Hog Index was down 2 cents on June 10 at $92.90.Â
Friday afternoon’s Commitment of Traders report indicated a total of 7,150 contracts added to the new managed money net short in lean hogs in the week of 6/9. That net short was 13,701 contracts on Tuesday.Â
USDA’s pork carcass cutout value from the Friday PM report was back up $2.92 at $97.39 per cwt. The belly and ham primals were the only reported lower, with the butt up $12.90. USDA estimated federally inspected hog slaughter for this week at 2.402 million head. That is down 20,000 head from last week and 31,146 head above the same week last year.
Jun 26 Hogs  closed at $92.525, down $0.250,
Jul 26 Hogs  closed at $97.450, up $0.825
Aug 26 Hogs  clos... Read more
Barchart · Fri Jun 12, 4:47PM CDT
Lean hog futures were up 25 to 82 cents across most contracts on Friday, with expiring June up 25 cents. July was down $1.35 this week. USDA’s national...
Barchart · Fri Jun 12, 4:47PM CDT
Live cattle futures gave back some of this week’s strength on Friday, with contracts down $1.05 to $1.625 at the close. August was down just 47 cents...
Walsh Trading · Fri Jun 12, 4:14PM CDT
Plant closings pressure cattle
Swift Trading Company · Fri Jun 12, 2:37PM CDT
In my opinion, more indecision surfaced in this week's trading as traders kept fats within the two-day range of 6/4 & 6/5.
Barchart · Fri Jun 12, 12:18PM CDT
Lean hog futures are posting mixed trade on Friday, with June down 25 cents and July up 80 cents. USDA’s national base hog price was reported at $94.26...
Barchart · Fri Jun 12, 12:18PM CDT
Live cattle futures are showing losses of $1.00 to $1.70 at midday. There were no deliveries issued against June futures on Thursday. Open interest was...
Barchart · Fri Jun 12, 6:00PM CDT
Home Depot and Lowe’s both offer similar appeal, but valuation, yield, and dividend-growth history make this matchup closer than it looks.
Barchart · Fri Jun 12, 4:47PM CDT
Lean hog futures were up 25 to 82 cents across most contracts on Friday, with expiring June up 25 cents. July was down $1.35 this week. USDA’s national...
Barchart · Fri Jun 12, 4:47PM CDT
Cotton futures closed with 4 to 49 points on Friday, with July still down 81 points on the week, as December fell 106 points. Crude oil was down $3.50...
Barchart · Fri Jun 12, 4:47PM CDT
Live cattle futures gave back some of this week’s strength on Friday, with contracts down $1.05 to $1.625 at the close. August was down just 47 cents...
Barchart · Fri Jun 12, 4:47PM CDT
Corn futures slipped into the Friday close, with contracts steady to 1 ¾ cents higher on the day. July was down 4 ¾ cents this week, with December down...
Barchart · Fri Jun 12, 4:47PM CDT
The wheat complex slipped lower into the weekend. Chicago SRW contracts closed with 2 ¼ to 3 ¼ cent losses, as July was up 4 ½ cents for the week. KC...
Barchart · Fri Jun 12, 4:47PM CDT
Soybeans posted slight losses on Friday, with contracts steady to 2 ¼ cents in the red. Jule was down 8 cents on the week, with November slipping 5 ½...
Barchart · Fri Jun 12, 3:45PM CDT
Stifel raised its price target on Carnival stock to $36. Analyst Steven Wieczynski explained his bullish view on CCL shares in a research note today.