Lean Hogs Pit Oct '14 (LHV14)
Lean Hogs (Pit) Futures Market News and Commentary
Lean hog futures are trading with losses of 75 cents to $1.12 at the close, with July 35 cents higher. Open interest suggested modest new selling interest, up 3,225 contracts. USDA’s national base hog price was reported at $93.86 on Monday afternoon, up 63 cents from the day prior. The CME Lean Hog Index was back up 48 cents on May 28 at $91.40.
USDA’s pork carcass cutout value from the Monday PM report was up 30 cents at $99.75 per cwt. The loin, butt, and rib primals were reported lower. USDA estimated federally inspected hog slaughter for Monday at 476,000 head. That is up 12,461 head from the same Monday last year.
Jun 26 Hogs closed at $95.025, down $0.825,
Jul 26 Hogs closed at $99.850, up $0.350
Aug 26 Hogs closed at $97.600, down $0.750,
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 ar... Read more
Barchart · Tue Jun 2, 7:22AM CDT
Lean hog futures are trading with losses of 75 cents to $1.12 at the close, with July 35 cents higher. Open interest suggested modest new selling interest,...
Barchart · Tue Jun 2, 7:22AM CDT
Live cattle futures saw gains of 75 cents to $2.05 across the board on Monday. Cash trade felt softer last week to $255-258 across the country. Feeder...
Barchart · Mon Jun 1, 5:24PM CDT
Lean hog futures are trading with losses of 75 cents to $1.12 at the close, with July 35 cents higher. USDA’s national base hog price was reported at...
Barchart · Mon Jun 1, 5:24PM CDT
Live cattle futures saw gains of 75 cents to $2.05 across the board on Monday. Cash trade felt softer last week to $255-258 across the country. Feeder...
Walsh Trading · Mon Jun 1, 3:51PM CDT
Hogs Fail at resistance close near thelow
Swift Trading Company · Mon Jun 1, 2:57PM CDT
After a few short flurries of price action, traders settled down into a narrower trading range to finish the day.
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