# Pig outlook: Lean hog futures prices trending up
						 | The Pig Site

> August lean hog futures hit a six-week high and trended higher, with the CME lean hog index up 69 cents to $90.77 as of July 23. The pork cutout firmed to $104.76, its highest since August 2023, and US pork export sales were mixed by destination.

- Date: 2024-07-25 · published 2024-07-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/29429-pig-outlook-lean-hog-futures-prices-trending-up-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

A firming cash hog index and cutout support near-term hog prices, though analysts expect fall weakness as seasonal pork production rises.

## Read by commodity

- HOGS: bullish ▲

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-lean-hog-futures-prices-trending-up-2

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