# Pig outlook — Lean hog futures bulls keep their technical advantage
						 | The Pig Site

> Pig Site analysis from March 29 notes June lean hog futures remain in an uptrend near 15-month highs, with the CME cash hog index at $83.69. Analysts expect the upcoming USDA Hogs & Pigs report to show a herd roughly flat year on year, with the breeding herd down 3.5%.

- Date: 2024-03-29 · published 2024-03-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/31351-pig-outlook-lean-hog-futures-bulls-keep-their-technical-advantage-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

A smaller expected breeding herd and steady demand support hog prices, though the quarterly report could shift supply expectations and the seasonal early-April softness may limit gains.

## Read by commodity

- HOGS: neutral

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-lean-hog-futures-bulls-keep-their-technical-advantage

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