# Pig outlook: Lean hog futures bears still in command
						 | The Pig Site

> June lean hog futures set new contract lows during the week, with prices trending lower on the daily chart. The CME lean hog index rose to $80.09, while futures fell below cash, which is unusual for this time of year.

- Date: 2023-05-26 · published 2023-05-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/36087-pig-outlook-lean-hog-futures-bears-still-in-command-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Futures trading below cash signals bearish expectations for consumer pork demand. Hog prices are likely to stay under pressure until a clear market bottom forms.

## Read by commodity

- HOGS: bearish ▼

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-lean-hog-futures-bears-still-in-command

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