or

Lean Hogs May '23 (HEK23)

76.625s +0.025 (+0.03%) 05/12/23 [CME]
N/A x N/A N/A x N/A
underlying price ()
Quote Overview for Fri, May 12th, 2023
Day Low
76.625
Day High
77.125
Open 76.625
Previous Close 76.600 76.600
Volume 287 287
Open Interest 3,707 3,707
Stochastic %K 28.89% 28.89%
Weighted Alpha -24.68 -24.68
5-Day Change +1.100 (+1.46%) +1.100 (+1.46%)
52-Week Range 75.300 - 102.150 75.300 - 102.150
  • 1D
  • 5D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
  • MAX
Full Chart
  • OHLC Bars
  • Colored OHLC Bars
  • HLC Bars
  • Candlestick Hollow
  • Candlestick Open-to-Close
  • Candlestick Close-to-Close
  • Heikin-Ashi
  • Line Chart
  • Area Chart
  • Renko
  • Column
  • Baseline
  • Line Break
  • Range
  • Kagi
  • Point And Figure

Lean Hogs Futures Market News and Commentary

Hogs Closes Mixed on Thursday

Lean hog futures posted mixed action on Thursday, with April down 97 cents and other contracts up 37 cents to $1.50. USDA’s national average base hog negotiated price was reported at $85.67 on Thursday afternoon, down 41 cents from the day prior. The CME Lean Hog Index was down 16 cents from the previous day at $88.00 on April 8.

Export Sales data showed 23,854 MT of pork sold in the week ending on April 3, less than half of the previous week and a 3-week low. Mexico was the largest buyer of 8,900 MT, with 3,600 MT sold to Japan.  Shipments were reported at 30,100 MT, a 7-week low. Of that total, 11,700 MT was headed to Mexico, with 4,500 MT to Japan. 

USDA’s Thursday afternoon pork cutout value was another $1.06 lower at $89.70 per cwt. The butt and ham primals were reported higher. USDA’s federally inspected hog slaughter was estimated at 488,000 head on Thursday, with the week to date total at 1.951 million head. That is up 34,000 head from last week and 39,301 head a... Read more

Contract Specifications

See More
Contract
Lean Hogs
Contract Size
40,000 pounds
Tick Size
0.00025 per pound ($10.00 per contract)
Trading Hours
8:30a.m. - 1:05p.m. (Settles 1:00p.m.) CST
Exchange
CME
Point Value
$400
Margin/Maintenance
$1,870/1,700
First Notice Date
05/12/23
Expiration Date
05/12/23 (expired)

Seasonal Chart

Lean Hogs May '23
Average Price Chart for 5 Prior May Contracts

Commitment of Traders Positions as of Apr 1, 2025

View Chart Details
Commercials - Long / Short
101,264 (-167)
128,674 (+255)
Non-Commercials - Long / Short
94,942 (+4,451)
64,465 (+3,363)
Producers - Long / Short
25,422 (-887)
110,372 (+542)
Swap Dealers - Long / Short
65,166 (+571)
7,626 (-436)
Managed Money - Long / Short
72,630 (+4,529)
20,394 (+1,428)
Other Reportables - Long / Short
22,312 (-78)
44,071 (+1,935)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
75.300 +1.76%
on 05/05/23
Period Open: 81.525
81.600 -6.10%
on 04/17/23
-4.900 (-6.01%)
since 04/12/23
3-Month
75.300 +1.76%
on 05/05/23
Period Open: 93.200
97.675 -21.55%
on 02/21/23
-16.575 (-17.78%)
since 02/10/23
52-Week
75.300 +1.76%
on 05/05/23
Period Open: 94.550
102.150 -24.99%
on 12/27/22
-17.925 (-18.96%)
since 05/12/22

More Lean Hogs Quotes

All Futures Prices
Please wait...
Please wait...
false

Most Recent Stories

More News
Corn Short Term Trend Turns Positive, New 504.75 Target

Educational and Actionable information using Fibonacci and W.D. Gann analysis.

ZCK25 : 484-4 (+0.31%)
Cattle Close with Weakness on Thursday

Live cattle futures fell back weaker on Thursday, with contracts down $1.95 to $3.25 on the session. Cash trade trickled in on Wednesday, with light action at $208 in the north, with some $204 in the South...

LEQ25 : 192.200s (-1.44%)
LEJ25 : 200.850s (-0.96%)
LEM25 : 195.200s (-1.60%)
GFJ25 : 282.775s (-0.34%)
GFK25 : 275.300s (-1.04%)
GFQ25 : 279.925s (-1.17%)
Hogs Closes Mixed on Thursday

Lean hog futures posted mixed action on Thursday, with April down 97 cents and other contracts up 37 cents to $1.50. USDA’s national average base hog negotiated price was reported at $85.67 on Thursday...

HEJ25 : 86.000s (-1.12%)
HEK25 : 86.500s (+0.44%)
HEM25 : 93.175s (+1.61%)
Shootin' the Bull about Feed Yards

Finally, feed yards and cattle feeders may be taking matters into their own hands.  Lower bids are surfacing at sale barns.  This will help, but if some rumors of feed yards cutting a percentage of capacity...

Grain Markets Rally Post WASDE, While Cattle Retreat with Outside Markets

Grain markets were mostly higher in Thursday’s trade following a fairly friendly report, for corn in particular. Cattle futures continued to struggle in the midst of a risk off trade in the outside markets...

Hogs Extending Rally at Thursday’s Midday

Lean hog futures are showing mixed trade on Thursday, with nearby April down 82 cents and other contracts up 22 to 60 cents. USDA’s national average base hog negotiated price was reported at $85.74 on...

HEJ25 : 86.000s (-1.12%)
HEK25 : 86.500s (+0.44%)
HEM25 : 93.175s (+1.61%)
Cattle Falling Back on Thursday

Live cattle futures are falling back lower on Thursday, with losses of $2.10 to $3.25. Cash trade trickled in on Wednesday, with light action at $208 but not enough for a trend. This morning’s Central...

LEQ25 : 192.200s (-1.44%)
LEJ25 : 200.850s (-0.96%)
LEM25 : 195.200s (-1.60%)
GFJ25 : 282.775s (-0.34%)
GFK25 : 275.300s (-1.04%)
GFQ25 : 279.925s (-1.17%)
WASDE

WASDE - 2025-04-10

KGK25 : 0.6647s (-0.24%)
ZSK25 : 1029-2 (+0.02%)
KIK25 : 310.50 (-1.11%)
XBM25 : 207.50 (-0.24%)
KOM25 : 4,214 (+0.33%)
SWQ25 : 508.10 (+0.61%)
ZSBAUS.CM : -0.5329 (+1.22%)
ZOK25 : 340-6 (+0.37%)
BJK25 : 1.7590s (unch)
ZMN25 : 302.4 (-0.59%)
MLU25 : 211.75 (-0.59%)
ZCN25 : 490-0 (+0.26%)
The Latest Selling Pressure Appears Too Strong for June Live Cattle Futures. Here Are the Levels to Watch.

Multiple factors suggest that cattle market bulls will remain squeamish here.

LEM25 : 195.200s (-1.60%)
Hogs Rally on Wednesday Tariff News

Lean hog futures closed with gains of $1.52 to $1.92 on Wednesday, with April an exception, down 85 cents. USDA’s national average base hog negotiated price was reported at $86.08 on Wednesday, down...

HEJ25 : 86.000s (-1.12%)
HEK25 : 86.500s (+0.44%)
HEM25 : 93.175s (+1.61%)
Precious Metals in Q1 2025- Where are they Heading in Q2?

The precious metals sector led the commodities asset class higher in Q1 2025, with over 18% gains in gold and silver. Platinum and palladium prices moved to the upside, and rhodium posted an over 20% gain...

GLTR : 126.95 (+1.79%)
SIK25 : 31.285 (+1.71%)
GCM25 : 3,239.1 (+1.94%)
Dollar Pressured by Stock Rebound

The dollar index (DXY00 ) today is down by -0.05%. The dollar is under pressure from a stock rebound, which curbs liquidity demand for the dollar. The dollar is also being pressured by concern that a...

DXY00 : 100.005 (-0.85%)
GCM25 : 3,239.1 (+1.94%)
SIK25 : 31.285 (+1.71%)
^USDJPY : 143.188 (-0.87%)
^EURUSD : 1.13321 (+1.17%)
Dollar Rebounds With T-Note Yields

The dollar index (DXY00 ) Monday rose by +0.26%. The dollar on Monday recovered from early losses and turned higher after T-note yields rebounded from losses and moved higher, strengthening the dollar's...

DXY00 : 100.005 (-0.85%)
GCM25 : 3,239.1 (+1.94%)
SIK25 : 31.285 (+1.71%)
^USDJPY : 143.188 (-0.87%)
^EURUSD : 1.13321 (+1.17%)
Gold and Bitcoin Decouple. What's Driving the Divergence?

From November 2022 to November 2024, gold and bitcoin moved in lockstep, but the relationship has broken down in 2025. As of late March, gold has climbed 16%, while bitcoin has dropped by more than 6%....

Stocks and USD Disconnect – Huge Implications for Gold and Commodities

We've already seen it before and it preceded something epic.

Dollar Recovers as T-Note Yields Turn Higher

The dollar index (DXY00 ) today is up by +0.17%. The dollar today recovered from early losses and turned higher after T-note yields rebounded from losses and moved higher, strengthening the dollar’s...

DXY00 : 100.005 (-0.85%)
GCM25 : 3,239.1 (+1.94%)
SIK25 : 31.285 (+1.71%)
^USDJPY : 143.188 (-0.87%)
^EURUSD : 1.13321 (+1.17%)
Key Commodities Go On Sale! Chinese Stimulus Coming Soon?

Phil Streible covers the sharp pullback across commodities and what potential Chinese stimulus could mean for the next move. Are these discount levels a buying opportunity?

Dollar Rebounds on US Labor Market Strength and Hawkish Powell

The dollar index (DXY00 ) Friday rose by +1.06%. The dollar on Friday recovered from early losses and rallied moderately, rebounding from Thursday’s 6-month low. Short covering emerged in the dollar...

DXY00 : 100.005 (-0.85%)
GCM25 : 3,239.1 (+1.94%)
SIK25 : 31.285 (+1.71%)
^USDJPY : 143.188 (-0.87%)
^EURUSD : 1.13321 (+1.17%)
Dollar Recovers on US Labor Market Strength

The dollar index (DXY00 ) today is up by +0.31%. The dollar today recovered from early losses and is moderately higher as it consolidates above Thursday’s 6-month low. Short covering emerged in the...

DXY00 : 100.005 (-0.85%)
GCM25 : 3,239.1 (+1.94%)
SIK25 : 31.285 (+1.71%)
^USDJPY : 143.188 (-0.87%)
^EURUSD : 1.13321 (+1.17%)
Dollar Falls Sharply on US Tariffs Concerns

The dollar index (DXY00 ) Thursday fell sharply by -1.64% and posted a 6-month low. The dollar plummeted Thursday because of concerns that President Trump’s sweeping new reciprocal tariffs will start...

DXY00 : 100.005 (-0.85%)
GCM25 : 3,239.1 (+1.94%)
SIK25 : 31.285 (+1.71%)
^USDJPY : 143.188 (-0.87%)
^EURUSD : 1.13321 (+1.17%)

Barchart Trading Guide

The Barchart Trading Guide is a Sell Signal with a Weak Signal Strength.

Key Turning Points

3rd Resistance Point 77.458
2nd Resistance Point 77.292
1st Resistance Point 76.958
Last Price 76.625s
1st Support Level 76.458
2nd Support Level 76.292
3rd Support Level 75.958

See More

52-Week High 102.150
Fibonacci 61.8% 91.893
Fibonacci 50% 88.725
Fibonacci 38.2% 85.557
Last Price 76.625s
52-Week Low 75.300

See More

Solutions for Ag Professionals barchart.com/cmdty
Data and Statistics for Meats
Explore Data
cmdtyView Pro for Livestock Professionals
Start Free Trial
We help Ag Professionals make better decisions
Learn Now
Want to use this as
your default charts setting?
Save this setup as a Chart Templates
Switch the Market flag
for targeted data from your country of choice.
Open the menu and switch the
Market flag for targeted data from your country of choice.
Want Streaming Chart Updates?
Switch your Site Preferences
to use Interactive Charts
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.
Use your up/down arrows to move through the symbols.
Free Barchart Webinar