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The volatility continues at the CME in the hog markets. For what feels like the 10th week in a row, front month hogs saw limit moves in both directions. We suffered through an ugly draw down mid week only to see the board close near highs. You just can’t be in position to let… Read more.
Last week was decent for our trading efforts, we took profits on some longer term trades and now sit net long for the first time in a while. It was a mixed week of trade with April hogs on both sides of unchanged through the week. The DOJI bar seen on the daily and weekly… Read more.
Trade talks with China, NAFTA replacement, and production data determine how to trade April and June 2019 Hogs this week. Read full details from the Swine Times.
Below is how the weekly product market changed for the week ending 9/8/17. *Product Price Tuesday 9/5 Price Friday 9/8 Net Change Loins 82.30 83.27 .97 Butts 95.04 92.55 (2.49) Picnic 57.00 55.55 (1.45) Rib 133.16 127.52 (5.64) Ham 71.42 71.30 (.12) Belly 127.87 115.16 (12.71) Carcass Cutout 84.96 82.12 (2.84) * National Carcass Base… Read more.
The product market has turned and the live hog prices are following them. Below is how the weekly product market changed for the week ending 8/4/ 17 *Product Price Monday 8/7 Price Friday 8/11 Net Change Loins 85.94 82.78 -3.16 Butts 90.24 90.67 .43 Picnic 62.39 57.66 -4.73 Rib 118.13… Read more.
SWINE TIMES July 17, 2017 Below is how the product market started out and ended the week of 7/14. *Product Price on Monday 7/10 Price as of Friday 7/14 Change Loin 95.44 97.78 2.44 Butt 109.43 104.80 (.4.63) Picnic 68.43 69.42 (.99) Rib 131.60 119.57 (12.03) Ham 78.09 78.56 .47… Read more.
This week we will touch briefly on what happened in the pork product market, the live hog market and how this will likely play out this week.