Selling (Going Short) Lean Hogs Futures to Profit from a Fall in Lean Hogs Prices If you are bearish on lean hogs, you can profit from a fall in lean hogs price by taking up a short position in the lean hogs futures market. Get the latest Lean Hogs price (HE) as well as the latest futures prices and other commodity market news at Nasdaq. Looking for additional market data? Visit old.nasdaq.com Hog prices and lean hog futures tend to peak in the late spring and summer. The $84 level on July 2019 futures is among the highest levels for summer futures in several years. In the summers of 2015, 2016, and 2017 lean hog futures were generally trading in the $80 to $84 range (2016 was an exception when July futures briefly reached $90). Prices of U.S. lean-hog futures rose by around 40% in the first six months of 2016, beating oil, stocks and gold and climbing to a 1½-year high of $0.87025 a pound on June 16. The hog market is another matter. In February, the nine Lean Hogs futures contracts for 2018 averaged $75.18/cwt. Combining average cash prices for January through April and CME Lean Hogs futures prices for the rest of the year, it’s now $68.20, a decline of nearly $7/cwt or about $15/head. Lean Hogs decreased 0.85 USd/Lbs or 1.19% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Lean Hogs reached an all time high of 133.80 in July of 2014. The average liveweight price for 51-52% lean hogs in October was $47.54 per hundredweight, up $9.10 per hundredweight from September and up $3.79 per hundredweight from a year earlier. Hog prices jumped up in October, but retail prices were down.
Learn why traders use futures, how to trade futures and what steps you should take to get started. Create a CMEGroup.com Account: More features, more insights Get quick access to tools and premium content, or customize a portfolio and set alerts to follow the market. Lean hog futures rally on Friday to build up a gain of more than 10% for the week, buoyed by strong Chinese purchases of pork despite the country’s hefty Selling (Going Short) Lean Hogs Futures to Profit from a Fall in Lean Hogs Prices If you are bearish on lean hogs, you can profit from a fall in lean hogs price by taking up a short position in the lean hogs futures market.
12 Feb 2020 However, sagging wholesale beef prices hung over the market, limiting rallies. The choice CME lean hog futures closed mixed, with the most-active nearby contracts declining on weak cash hog and pork values. CME April
The CME Lean Hog Index was $59.74 on 03/16, up 45 cents. USDA's Pork Carcass Cutout value was $0.48 higher to $74.90 on Wednesday afternoon. Butts were 4 Nov 2019 But the “irrational exuberance” that drove Lean Hogs Futures prices Instead of declining seasonally, market weights stayed constant into At these times, lean hog futures prices tend to drop due to increased supplies. One can estimate the future amount of hog production by monitoring the Hogs and
23 Apr 2019 cme june lean hogs CME June 2019 hogs with Bollinger (20,2) bands, a gauge of market volatility. (Barchart). Chicago | Reuters — U.S. hog 22 Mar 2019 You don't have to look much farther than lean hog futures, Wasko says, as the market tries to price in the total impact of the African swine fever 21 Feb 2019 April lean hogs settled nearly $4 US per cwt lower on Wednesday, following a $3 drop on Tuesday in 2 of the most negative days seen in the 2 Oct 2018 The magnitude of the price drop was huge. December lean hog futures as an example fell from about $60 in June to $44 by early August. 23 Oct 2018 Hog futures prices have since fallen markedly, returning to peak and lower in the fall because sow fertility and conception appears to be best Lean hog prices fall as US pork sales to China disappoint. US lean hog futures tumbled on Thursday (21 June) as American pork export sales to China continued to disappoint traders who have been expecting a surge of demand due to an outbreak of a fatal hog disease in China. Prices for the most-active December lean-hog futures contract US:LHZ19 were little changed, down nearly 0.2%, to settle at 67.83 cents a pound on Monday, after ending 0.3% lower on Friday for a