# Pig outlook — Lean hog futures bulls keep price uptrend alive
						 | The Pig Site

> April lean hog futures hit an eight-month high and the uptrend has persisted for seven weeks. The CME lean hog index rose $1.17 to $77.97 as of Feb. 20, with the cash index outpacing futures.

- Date: 2024-02-25 · published 2024-02-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/31797-pig-outlook-lean-hog-futures-bulls-keep-price-uptrend-alive-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Tighter hog supply and firm cutout values support higher hog prices, which benefits pork producers and raises feed demand for hog rations.

## Read by commodity

- HOGS: bullish ▲

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-feb-22-lean-hog-futures-bulls-keep-price-uptrend-alive

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