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Lean hog futures rallied to a six-week high on April 23, with the June contract in a steep uptrend. Pork cutout values fell $1.70 to $94.08, and the CME lean hog index rose to $86.75 as of April 22.
Rising cash hog prices and seasonally lower summer pork production support hog futures, though weak cutout values limit packer margins and could cap further gains.
thepigsite.comZachary MintusApr 24, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
