# Pig outlook: Lean hog futures bears in firm control
						 | The Pig Site

> US lean hog futures remained in a downtrend while the CME lean hog index rose 7 cents to $89.92 as of June 25 and pork cutout firmed to $95.52. Analysts expected USDA's Hogs & Pigs report to show a slightly larger US herd, and Denmark is set to introduce a livestock carbon tax.

- Date: 2024-06-30 · published 2024-06-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/29916-pig-outlook-lean-hog-futures-bears-in-firm-control-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Seasonal cash weakness and a possibly bigger herd point to continued pressure on hog prices, though firmer cutout values hint at a possible bottom. The Danish carbon tax affects EU livestock costs more than US prices.

## Read by commodity

- HOGS: bearish ▼

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-lean-hog-futures-bears-in-firm-control-2

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