# Pig outlook: Lean hog futures bulls keeping price uptrend alive
						 | The Pig Site

> October lean hog futures hit a seven-week high on Wednesday and remained in an uptrend on the daily bar chart. The CME lean hog index was $86.58 as of Sept. 18, and the preliminary quote for Sept. 19 was $86.67.

- Date: 2023-09-23 · published 2023-09-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/34270-pig-outlook-lean-hog-futures-bulls-keeping-price-uptrend-alive-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Futures trading near the cash index signals bullish short-term sentiment that supports hog prices and demand for feed used in hog production.

## Read by commodity

- HOGS: bullish ▲

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-lean-hog-futures-bulls-keeping-price-uptrend-alive-2

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