# Pig outlook — Lean hog futures bulls work to stabilize prices
						 | The Pig Site

> June lean hog futures fell sharply in the prior week but stabilized this week, with the CME Lean Hog Index rising to 91.36 as of April 16. US pork export sales were a marketing-year low, while China produced 15.83 million tonnes of pork in Q1, down 0.4%.

- Date: 2024-04-20 · published 2024-04-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30887-pig-outlook-lean-hog-futures-bulls-work-to-stabilize-prices-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Seasonal pork price strength and slowing Chinese pork output support hog prices into summer, although weaker export sales and a volatile futures market add uncertainty.

## Read by commodity

- HOGS: bullish ▲

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-lean-hog-futures-bulls-work-to-stabilize-prices-2

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