# So Much for the Year’s Best-Performing Market

> Lean-hog futures for August fell 2.825 cents (3.9%) to 68.85 cents per pound on the CME, the lowest since April 14. Most-active October futures dropped 1.85 cents to 59.20 cents.

- Date: 2016-07-28 · published 2016-07-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11072-so-much-for-the-year-s-best-performing-market
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Routine futures price move with no clearly identified new cause in the text; lower hog futures signal weaker expected cash hog and pork values for feed buyers.

## Read by commodity

- HOGS: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| HOGS | 2016-08-01 | 5 | -6.9% | -3.3 | August futures fell 3.9% to the lowest since April, extending the decline as wholesale pork weakened. |

## Sources

- wsj.com: https://www.wsj.com/articles/record-pork-production-sends-hog-prices-to-3-month-lows-1469724326

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