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Lean Hogs Oct '16 (HEV16)

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Lean Hogs Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Lean Hogs prices and Lean Hogs futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Thu, Mar 28th, 2024.
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Lean Hogs Futures Market News and Commentary

Hogs Firmed Up for Wednesday

Nearby lean hog prices were 12 to 62 cents higher across the front months, leaving June with a $1.90 weekly gain into the quarterly Hogs and Pigs report. USDA’s National Average Afternoon Base Hog price was $1.37 weaker to $79.26. The CME Lean Hog Index was $83.69 for 3/25, back up by 21 cents.  

USDA will release their quarterly Hogs & Pigs report on Thursday afternoon.  Traders expect shrinkage in the Kept for breeding category, with estimates between 95.2 and 98% of year ago. That is offset by higher productivity, with pigs per litter estimates up 3.4% from last year. The market hog and all hog numbers are seen at or slightly above year ago. 

USDA’s National Pork Carcass Cutout Value dropped another r$1.27 to $94.06 on Wednesday afternoon. USDA estimated FI hog slaughter for the week at 1.457 million head through Wednesday. That is 5k head behind last week’s pace but is up 15k head from the same week last year. 

Apr 24 Hogs  closed at $86.100, up $0.525,

M... Read more

  • Cattle Finish Higher on Wednesday

    Midweek trading initially pushed the cattle market further lower, but futures firmed up to end the day in the black. Fat cattle were 20 to 50 cents higher...

  • Hogs Firmed Up for Wednesday

    Nearby lean hog prices were 12 to 62 cents higher across the front months, leaving June with a $1.90 weekly gain into the quarterly Hogs and Pigs report....

  • Corn Analysis With Downside Target

    The recent rally from 78.6% at 410.00 based on the May continuation chart was stopped by the 442.75 major Gann square on 3/12/24 and 3/21/24.

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