# US lean hog futures decline seasonally - CoBank
						 | The Pig Site

> CoBank reports that lean hog futures are declining seasonally after peaking in July. Producer margins are expected to narrow through year-end, while the breeding herd is at an eight-year low. Pork cutout values were down 7% year-over-year in August.

- Date: 2024-10-23 · published 2024-10-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/28008-us-lean-hog-futures-decline-seasonally-cobank-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Seasonal softness and narrowing margins weigh on hog prices, though a shrinking breeding herd limits downside in pork supply.

## Read by commodity

- HOGS: bearish ▼

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2024/10/us-lean-hog-futures-decline-seasonally-cobank

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