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Lean Hogs May '17 (HEK17)

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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.
Latest price quotes as of [[ snapshotDate ]].
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
Looking for expired contracts? Check out our Lean Hogs Historical Prices page.

Lean Hogs Futures Market News and Commentary

Hogs Closed Off Highs but still Stronger for NASS Report

Nearby lean hog futures were up by as much as $1.25 for the day’s high, but prices ended the day mixed / mostly higher. June was down by 15c for Thursday which finished the week’s move on a net $1.75 gain and put the monthly gain at $1.25. June traded the month of March from -$1.58 to +$3.27. USDA’s National Average Afternoon Base Hog price increased $2.21 to $81.47, with the WCB quote at $80.96 and the ECB quote at $83.22. 

The quarterly NASS report had March 1 hog inventory at 74.751 million head, a 0.6% increase vs last year. The trade was looking for a slightly lower hog herd yr/yr. USDA reported the breeding herd at 6.02 million head. The Dec-Feb pig crop was 1.9% above last year with 33.15m head, the trade was looking for a 1.4% increase on average. Farrowing intentions for March-May were 2.915 million head, or 0.88% below last year vs the 2.3% drop expected. 

USDA’s FAS reported 55.3k MT of pork was sold for the week that ended 3/21. That was a new yearly high, an... Read more

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