# CME: Cash Hog 0Prices Move Steadily Higher
						 | The Pig Site

> Cash hog prices have climbed steadily over two months, with the IA/MN negotiated base lean hog carcass quoted at 73.78/cwt, 80 cents higher on the day. The pork cutout stood at 85.38/cwt, 11.7 percent above the previous year, driven by strong pork belly demand and seasonal supply declines.

- Date: 2017-02-16 · published 2017-02-16T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10209-cme-cash-hog-0prices-move-steadily-higher-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Robust pork demand and seasonally tightening hog supplies support firmer lean hog prices, with the outlook for spring hinging on whether demand holds.

## Read by commodity

- HOGS: bullish ▲

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2017/02/cme-cash-hogprices-move-steadily-higher

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.