# Pig outlook: The bleeding continues in lean hog futures, plus China, China, China
						 | The Pig Site

> Lean hog futures fell to three-month lows this week as packer cutbacks left a hog backlog on US farms. China's December pork imports rose 11.1 percent from November, and China's sow herd was reported at nearly 44 million head.

- Date: 2023-01-20 · published 2023-01-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/37767-pig-outlook-the-bleeding-continues-in-lean-hog-futures-plus-china-china-china
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Heavy hog supplies and weak cash prices push lean hog futures lower, which hurts producer margins and reduces demand for feed in the hog sector.

## Read by commodity

- HOGS: bearish ▼

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-the-bleeding-continues-in-lean-hog-futures-plus-china-china-china

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