# Pig outlook: Lean hog futures bulls see a glimmer of hope
						 | The Pig Site

> June lean hog futures posted modest gains after the USDA's monthly Cold Storage report showed ending-March pork stocks at 533.9 million pounds, up about 12.7 million from February. The CME lean hog index rose 11 cents to $71.31 as of April 25, the first back-to-back daily gains in six weeks.

- Date: 2023-04-28 · published 2023-04-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/36547-pig-outlook-lean-hog-futures-bulls-see-a-glimmer-of-hope-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Pork stocks building above the typical March drawdown is bearish for hog prices, though the early gains hint at a possible bottom ahead of grilling season demand.

## Read by commodity

- HOGS: neutral

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-lean-hog-futures-bulls-see-a-glimmer-of-hope

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