# Pig outlook: Lean hog futures bulls continue to struggle
						 | The Pig Site

> Lean hog futures kept falling under heavy selling, with June contracts hitting a four-month low. The CME lean hog index dropped 47 cents to $90.79 as of May 28, its seventh straight daily decline. A federal judge also denied Agri Stats' bid to dismiss a DOJ price-fixing lawsuit.

- Date: 2024-05-31 · published 2024-05-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30392-pig-outlook-lean-hog-futures-bulls-continue-to-struggle-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Weak cash hog prices and bearish technicals point to lower hog values into summer, while the DOJ case adds regulatory uncertainty for meat packers and data firms.

## Read by commodity

- HOGS: bearish ▼

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-lean-hog-futures-bulls-continue-to-struggle-2

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