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Lean Hogs May '25 (HEK25)

88.475s -0.375 (-0.42%) 03/28/25 [CME]
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News & Headlines for Fri, Mar 28th, 2025
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Livestock Markets Limp into the Weekend

Hogs And Pigs not good enough and steady cattle cash prices disappoint

Cattle Close with Weakness on Friday

Live cattle futures crept lower into Friday’s close, as front months were down 70 to 95 cents. Cash trade was slow to develop this week, with most action settling in at $209-210 in the South and $213-214...

LEQ25 : 201.000s (-0.40%)
LEJ25 : 208.825s (-0.35%)
LEM25 : 204.850s (-0.46%)
GFJ25 : 286.925s (-0.22%)
GFK25 : 285.175s (-0.47%)
GFQ25 : 289.675s (-0.34%)
Hogs Post Marginal Losses on Friday

Lean hog futures slipped lower into the Friday close, down 30 to 40 cents across the nearbys. The USDA national average base hog negotiated price was up 21 cents at $88.30 in the Friday PM report. The...

HEJ25 : 86.700s (-0.37%)
HEK25 : 88.475s (-0.42%)
HEM25 : 95.775s (-0.42%)
Pure Hedge - Livestock and Grain

The Clock is Ticking - Markets are Moving - What Will You Do?

Shootin' the Bull about doing a lot of shifting

In my opinion, the cattle/beef industry continues to shift, wiggle and squirm in the attempt to find margin.

Cattle Slipping Weaker on Friday

Live cattle futures are down 30 to 55 cents across the nearbys on Friday. Cash trade has been slow this week. A single sale of $222 was reported in IA this morning. The Central Stockyards Fed Cattle Exchange...

LEQ25 : 201.000s (-0.40%)
LEJ25 : 208.825s (-0.35%)
LEM25 : 204.850s (-0.46%)
GFJ25 : 286.925s (-0.22%)
GFK25 : 285.175s (-0.47%)
GFQ25 : 289.675s (-0.34%)
Hogs Showing Marginal Weakness on Friday

Lean hog futures are down 5 to 25 cents across most contracts on Friday. The USDA national average base hog negotiated price was down 58 cents at $87.91 in the Friday AM report. The CME Lean Hog Index...

HEJ25 : 86.700s (-0.37%)
HEK25 : 88.475s (-0.42%)
HEM25 : 95.775s (-0.42%)
Will Pigs Fly This Peak Season?

While cattle prices have been rallying since the 2020 low, reaching higher and higher new record peaks, the hog futures have been choppy. With the peak 2025 grilling season only two months away, the hogs...

SFD : 20.23 (+0.60%)
HEK25 : 88.475s (-0.42%)
HEJ25 : 86.700s (-0.37%)
New Highs for Live Cattle

Live cattle futures surge higher to post a new closing high. More upside to come ahead of the weekend?

Hogs Look to React to Bull Friendly Hogs & Pigs Report

Lean hog futures were squaring up ahead the Quarterly USDA report, with contracts down 35 to 70 cents. The USDA national average base hog negotiated price was down a dime at $88.09 in the Thursday PM report....

HEJ25 : 86.700s (-0.37%)
HEK25 : 88.475s (-0.42%)
HEM25 : 95.775s (-0.42%)
Hogs Struggles Continue

Hogs continue weakness in front of Hogs and Pigs report

Hogs Pull Back Ahead of Bull Friendly Hogs & Pigs Report

Lean hog futures were squaring up ahead of this afternoon’s Quarterly USDA report, with contracts down 35 to 70 cents. The USDA national average base hog negotiated price was down a dime at $88.09 in...

HEJ25 : 86.700s (-0.37%)
HEK25 : 88.475s (-0.42%)
HEM25 : 95.775s (-0.42%)
Cattle Rally into Thursday’s Close

Live cattle futures put on a rally after starting out the day with losses, as contracts were up $2.40 to $2.80 higher. Cash trade has been slow this week, with light sales at $213 in the north reported....

LEQ25 : 201.000s (-0.40%)
LEJ25 : 208.825s (-0.35%)
LEM25 : 204.850s (-0.46%)
GFJ25 : 286.925s (-0.22%)
GFK25 : 285.175s (-0.47%)
GFQ25 : 289.675s (-0.34%)
A Mixed Day in Grains and a STRONG Day in Cattle

Grain markets were mixed today with soybeans posting an impressive gain. Cattle markets were weaker but found their footing thanks to rumors of a sharply higher cash trade in the making.

Shootin' the Bull about positive basis

Skepticism continues to be expressed by futures traders in the form of the positive basis, and enormous volatility.

Hogs and Pigs

Hogs and Pigs - 2025-03-27

YKK25 : 13,315s (-1.41%)
HEM25 : 95.775s (-0.42%)
Are Higher Highs on the Horizon for Cattle Futures?

Live and feeder cattle futures have been making higher lows and higher highs since the 2020 bottoms. The nearby feeder cattle futures reached a new record high in March 2025, and the live cattle futures...

GFJ25 : 286.925s (-0.22%)
LEJ25 : 208.825s (-0.35%)
Hogs Selling Ahead of Hogs & Pigs Report

Lean hog futures are trading with losses of 65 cents to $1.60 in the nearbys on Thursday. The USDA national average base hog negotiated price was up 95 cents at $88.49 in the Thursday AM report. The CME...

HEJ25 : 86.700s (-0.37%)
HEK25 : 88.475s (-0.42%)
HEM25 : 95.775s (-0.42%)
Cattle Popping Higher on Thursday

Live cattle futures are rallying on Thursday, with gains of $1.20 to $1.35. Cash trade has been slow this week, with light sales at $213 in the north reported by the USDA on Wednesday. The Central Stockyards...

LEQ25 : 201.000s (-0.40%)
LEJ25 : 208.825s (-0.35%)
LEM25 : 204.850s (-0.46%)
GFJ25 : 286.925s (-0.22%)
GFK25 : 285.175s (-0.47%)
GFQ25 : 289.675s (-0.34%)
Cattle Close Higher on Wednesday

Live cattle posted Wednesday gains of 40 to 70 cents in the nearby contracts. Preliminary open interest was up 2,273 contracts. Cash trade has been slow this week, with light sales at $213 in the north...

LEQ25 : 201.000s (-0.40%)
LEJ25 : 208.825s (-0.35%)
LEM25 : 204.850s (-0.46%)
GFJ25 : 286.925s (-0.22%)
GFK25 : 285.175s (-0.47%)
GFQ25 : 289.675s (-0.34%)

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Barchart Meats News

Cattle Close with Weakness on Friday
Live cattle futures crept lower into Friday’s close, as front months were down 70 to 95 cents. Cash trade was slow to develop this week, with most action settling in at $209-210 in the South and $213-214 in the North. Dressed trade was $335-345 in the North. Feeder cattle futures... Read more
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