Latest news with #LeanHogs
Yahoo
6 days ago
- Business
- Yahoo
Hogs Falling on Thursday
Lean hog futures posted are down $1.27 to $1.92 so far on Thursday. USDA's national base hog price was back down $2.73 in the Thursday AM report, with negotiated trade at $109.36. The CME Lean Hog Index was down 77 cents at $110.22 on July 1. Today will be the last trade day of the week due to Independence Day on Friday. The government will also be closed. The weekly Export Sales report indicated a total of just 27,130 MT of pork was sold in the week of 6/26, a 3-week low. Mexico was the top buyer of 15,200 MT, with 4,300 MT sold to Japan. Shipments were tallied at a 4-week low of 30,068 MT. The top destination was Mexico at 12,000 MT, with 4,300 MT headed to China. Arabica Coffee Prices Are Falling. How Much Lower Will They Go? Brazil Coffee Harvest Pressures Weigh on Prices Coffee Prices Fall as Pace of Brazil's Coffee Harvest Accelerates Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Monthly export data per the Census release showed 564.6 million lbs of pork shipped in May when converted to a carcass basis. That was a 3-year low for the month and down 3.1% from April. USDA's c morning FOB plant pork cutout value was down another $1.25 at $109.50. The picnic was the only prial reported higher. Federally inspected hog slaughter for Tuesday as estimated at 482,000 head by USDA, taking the WTD total to 1.423 million head. That is up 9,000 head from last week and 7,701 head above the same week last year. Jul 25 Hogs closed at $108.050, down $1.600, Aug 25 Hogs closed at $105.975, down $1.925 Oct 25 Hogs closed at $91.725, down $1.275, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Globe and Mail
09-05-2025
- Business
- Globe and Mail
Hogs Fall Back as Cash Strength Holds
Lean hog futures closed with contracts down 15 to 50 cents in the nearbys and July up 75 points. USDA's national average base hog negotiated price was reported at $94.02 on Thursday afternoon, up $1. The CME Lean Hog Index was another 3 cents higher on May 6, at $90.16. USDA reported a total of 24,228 MT of pork sold for export in the week ending on May 1, back down from the previous week. Mexico was the buyer of 9,900 MT, with Japan buying 3,500 MT. Shipments were the second lowest in the calendar year at 25,573 MT. A total of 11,000 MT was destined for 11,000 MT, with 4,400 MT to Japan. The Thursday afternoon FOB plant pork cutout value was down $1.04/cwt on a carcass basis, at $94.50. The picnic and ham primals were reported higher. Federally inspected hog slaughter from USDA was estimated 484,000 head for Thursday, with a weekly total at 1.922 million head. That was down 16,000 head from the previous week and 15,290 head above the same week last year. May 25 Hogs closed at $90.650, down $0.500, Jun 25 Hogs closed at $97.175, down $0.150 Jul 25 Hogs closed at $100.250, up $0.775,
