# Pig outlook: US pork production projections, Prop 12, Canadian "super pigs", China's sow herd
						 | The Pig Site

> The CME lean hog index rose 77 cents in the latest session, its biggest daily gain in the rally from the January low. USDA's annual Ag Outlook projected 2023 US pork production at 27.4 billion lbs, up 2%. Analysts expect the cash and wholesale pork markets to keep rising.

- Date: 2023-02-24 · published 2023-02-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/37342-pig-outlook-us-pork-production-projections-prop-12-canadian-super-pigs-china-s
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

A rebound in hog prices and steady production growth support higher hog-related feed demand in spring and summer, though futures already carry sizeable premiums.

## Read by commodity

- HOGS: bullish ▲

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-us-pork-production-projections-prop-12-canadian-super-pigs-chinas-sow-herd

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