# Packer Margins Remain Good - ADM Investor Services

> June, July, August, October 2024 and February 2025 lean hogs made contract highs, with the CME Lean Hog Index at 85.88. Packer margins stayed strong, with the gap between the lean hog index and pork index above $10. Beef prices were falling as contracts signed at lower prices and cheaper imported beef weighed on the market.

- Date: 2024-04-08 · published 2024-04-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30889-packer-margins-remain-good-adm-investor-services
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Strong packer margins and hog contract highs support hog prices, while falling beef prices weigh on cattle values and reflect buyers shifting toward cheaper proteins.

## Read by commodity

- HOGS: bullish ▲
- LCATTLE: bearish ▼

## Sources

- admis.com: https://www.admis.com/packer-margins-remain-good/

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