# Pig outlook: Bulls run in lean hog futures rolls on
						 | The Pig Site

> December lean hog futures hit a 15-month high as cash hog and pork product markets strengthened. The CME lean hog index rose to $84.66 as of October 22. US hog numbers continue to fall short of USDA forecasts for a 3.5% to 5% supply rise over September-November.

- Date: 2024-10-26 · published 2024-10-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/28005-pig-outlook-bulls-run-in-lean-hog-futures-rolls-on-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Persistent shortfalls in hog supply relative to USDA forecasts underpin hog prices and support demand for feed, though the rally may be nearing a top.

## Read by commodity

- HOGS: bullish ▲

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-oct-24-bulls-run-in-lean-hog-futures-rolls-on

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