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Hogs Look to Monday Trade

Barchart
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⚡ Quantum Brief
Lean hog futures saw modest gains Thursday, with contracts rising 7 to 25 cents, following June’s $4.70 weekly surge. The market showed cautious optimism ahead of Monday’s trading session. USDA reported the national average base hog price at $83.35 Friday, while the CME Lean Hog Index dipped 28 cents to $85.09 as of April 15, reflecting mixed short-term momentum. Speculators increased net long positions by 3,960 contracts to 40,222 by April 15, signaling renewed bullish sentiment despite recent volatility in slaughter volumes. Pork cutout values jumped $4.22 to $97, led by belly prices surging $14.44, though ribs declined. Slaughter rates fell 104,000 head weekly and 100,603 year-over-year to 2.38 million. May, June, and July 2025 contracts closed marginally higher at $90.40, $98.025, and $98.10 respectively, hinting at stable near-term expectations amid supply fluctuations.
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AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks Hogs Look to Monday Trade April 21, 2025 — 01:31 pm EDT Written by Austin Schroeder for Barchart-> Lean hog futures posted slight Thursday gains, with contracts up 7 to 25 cents, as June was up $4.70 last week. USDA’s national average base hog negotiated price was reported at $83.35 on Friday afternoon at $83.35. The CME Lean Hog Index was down another 28 cents from the previous day at $85.09 on April 15. Friday’s Commitment of Traders data showed specs adding back 3,960 contracts to their net long position as of 4/15 to a net position of 40,222 contracts. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. The Friday afternoon pork cutout report from USDA was $4.22 higher, at $97. The rib was the only primal reported lower, with the belly leading the charge to the upside, up $14.44.28. USDA’s federally inspected hog slaughter was estimated at 2.38 million head last week. That was down 104,000 head from last week and 100,603 head below the same week last year.May 25 Hogs closed at $90.400, up $0.250,Jun 25 Hogs closed at $98.025, up $0.075Jul 25 Hogs closed at $98.100, up $0.200, 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. For more information please view the Barchart Disclosure Policy here. More news from Barchart Cattle and Hogs in Q1 2025- Where are they Heading in Q2?

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Tags Stocks Barchart With headquarters in the heart of Chicago's financial district, Barchart has been an industry-leader since 1995 when we launched Barchart.com as one of the first websites for commodities and futures market data. Since then, we have evolved into a global financial technology leader providing market data and services to the global financial, media, and commodity industries. More articles by this source-> More Related Articles This data feed is not available at this time. Data is currently not available • Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.

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