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Futures Prices

Fri, Dec 14th, 2018
[[ timeframe ]] futures price quotes as of Fri, Dec 14th, 2018.
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
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Futures Market News and Commentary

Lean Hogs Market News and Commentary

Lean Hog futures are mixed at midday, with most front months steady to 52.5 cents higher. The CME Lean Hog Index was down 18 cents from the previous day @ $55.36 on December 12. The USDA pork carcass cutout value was down 97 cents at $72.20. The national base cash hog carcass value was 57 cents higher at a weighted average of $46.99. USDA estimated FI hog slaughter for Wednesday was 476,000 head, bringing the WTD total to 1.911 million head. That is 18,000 head larger than last week and 48,000 head above a year ago.Dec 18 Hogs are at $54.950, up $0.150,Feb 19 Hogs are at $65.350, up $0.525Apr 19 Hogs are at $70.400, up $0.050--provided by Brugler Marketing & Management
Cattle Market News and Commentary

Live cattle futures are steady to 52.5 cents lower at midday. Feeder cattle futures are down 25 to 55 cents. The CME feeder cattle index was up $1.43 on December 12 at $146.40. Wholesale beef prices were higher, with the Ch/Select spread narrowing to $8.48. Choice boxes were up 25 cents at $212.72, with the Select cutout value $3.24 higher at $201.24. USDA estimated week to date cattle slaughter at 483,00 head through Thursday. That is 2,000 above last week and 11,000 head larger than the same week last year. There have been a few $119 sales across TX and KS so far today.Dec 18 Cattle are at $119.400, down $0.050,Feb 19 Cattle are at $122.325, down $0.525,Apr 19 Cattle are at $124.325, down $0.475,Jan 19 Feeder Cattle are at $147.475, down $0.500Mar 19 Feeder Cattle are at $145.600, down $0.325Apr 19 Feeder Cattle are at $145.950, down $0.550--provided by Brugler Marketing & Management
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