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Lean Hogs Cash (HEY00)

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Lean Hogs Futures Market News and Commentary

Hogs Pullback Continues at Midday

Lean Hogs futures are posting Tuesday losses of 85 cents to $1 so far in the nearbys at midday. The national average base hog negotiated price was down $1.12 in the Tuesday AM report at $82.00. The CME Lean Hog Index was reported at $88.49 on November 15, down another 78 cents from the previous day. 

USDA’s FOB plant pork cutout value reported lower on Tuesday morning, down 4 cents at $97.07 per cwt. The rib and ham primals were the only reported higher, with the belly leading the charge to the downside, $8.34 lower. USDA estimated the Monday FI hog slaughter at 489,000 head. That is 41,000 head above last Monday and up 2,596 head from the same Monday last year.

Dec 24 Hogs  are at $79.050, down $0.975,

Feb 25 Hogs  are at $82.275, down $1.000

Apr 25 Hogs  is at $86.575, down $0.850,

On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article.... Read more
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Price Performance

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Period Period Low Period High Performance
1-Month
83.842 +6.47%
on 10/16/24
90.613 -1.48%
on 11/06/24
+5.191 (+6.17%)
since 10/14/24
3-Month
83.842 +6.47%
on 10/16/24
90.613 -1.48%
on 11/06/24
-0.932 (-1.03%)
since 08/14/24
52-Week
65.048 +37.24%
on 12/29/23
93.636 -4.66%
on 08/01/24
+13.207 (+17.36%)
since 11/14/23

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Most Recent Stories

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Shootin' the Bull about basis making opportunities

Futures traders are on the cusp of taking basis back to negative.  Backgrounders are urged to use this sharp, $10.00 narrowing of the basis in just 7 trading days.

Hogs Pullback Continues at Midday

Lean Hogs futures are posting Tuesday losses of 85 cents to $1 so far in the nearbys at midday. The national average base hog negotiated price was down $1.12 in the Tuesday AM report at $82.00. The CME...

HEZ24 : 79.550s (-0.59%)
HEG25 : 82.875s (-0.48%)
HEJ25 : 87.100s (-0.37%)
Cattle Rally Continuing on Tuesday

Live cattle futures are continuing to post strength, with contracts up $1.05 to $1.95 at midday. Cash trade came across at mostly $185 across the country last week, down $1 to $3. Action today was mostly...

LEJ25 : 189.425s (+0.80%)
LEZ24 : 186.575s (+1.34%)
LEG25 : 188.000s (+1.09%)
GFX24 : 254.250s (+0.96%)
GFF25 : 252.000s (+1.00%)
GFH25 : 251.250s (+1.06%)
Cattle Futures Surge Higher in Monday’s Trade

Cattle futures were firm to start the week, can the rally continue?

Cattle See Monday Strength

Live cattle futures posted Monday gains of 72 cents to $1.55. Cash trade came across at mostly $185 across the country last week, down $1 to $3. Action today was mostly compiling showlists. Feeders continued...

LEJ25 : 189.425s (+0.80%)
LEZ24 : 186.575s (+1.34%)
LEG25 : 188.000s (+1.09%)
GFX24 : 254.250s (+0.96%)
GFF25 : 252.000s (+1.00%)
GFH25 : 251.250s (+1.06%)
Hogs Post Slight Gains on Monday

Lean Hogs futures closed the Monday session with marginally higher gains of 35 to 85 cents across the board. The national average base hog negotiated price was reported at $83.32 on Monday afternoon, down...

HEZ24 : 79.550s (-0.59%)
HEG25 : 82.875s (-0.48%)
HEJ25 : 87.100s (-0.37%)
Pure Hedge - Livestock and Grain

Grain and Livestock Markets All Higher - Where will the Fats and Feeders Close on Friday

Hogs Stall

Hogs' slowdown as traders as the cash markets works lower

Hogs Manage to Pull Out Slight Gains

Lean Hogs futures closed the Monday session with marginally higher gains of 35 to 85 cents across the board. The national average base hog negotiated price was reported at $83.32 on Monday afternoon, down...

HEZ24 : 79.550s (-0.59%)
HEG25 : 82.875s (-0.48%)
HEJ25 : 87.100s (-0.37%)
Cattle Push Higher to Start the Week

Live cattle futures posted Monday gains of 72 cents to $1.55. Cash trade came across at mostly $185 across the country last week, down $1 to $3. Action today was mostly compiling showlists. Feeders continued...

LEJ25 : 189.425s (+0.80%)
LEZ24 : 186.575s (+1.34%)
LEG25 : 188.000s (+1.09%)
GFX24 : 254.250s (+0.96%)
GFF25 : 252.000s (+1.00%)
GFH25 : 251.250s (+1.06%)

Barchart Trading Guide

The Barchart Trading Guide is a Buy Signal with a Maximum Signal Strength.

Key Turning Points

3rd Resistance Point 89.269
2nd Resistance Point 89.269
1st Resistance Point 89.269
Last Price 89.269s
1st Support Level 89.269
2nd Support Level 89.269
3rd Support Level 89.269

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52-Week High 93.636
Last Price 89.269s
Fibonacci 61.8% 82.715
Fibonacci 50% 79.342
Fibonacci 38.2% 75.969
52-Week Low 65.048

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