# Pig outlook: Lean hog futures bulls remain in firm technical control
						 | The Pig Site

> December lean hog futures remain in a steep uptrend on the daily chart, with futures' discount to the CME cash index shrinking since late September. Weekly USDA export sales showed net pork sales of 20,300 MT, mainly to Mexico and China. USDA raised its 2022 and 2023 food price inflation forecasts.

- Date: 2022-10-28 · published 2022-10-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/39273-pig-outlook-lean-hog-futures-bulls-remain-in-firm-technical-control-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Strong export sales and a tight holiday ham supply support hog prices into mid-December, while lower-than-normal hog weights signal limited near-term pork supply.

## Read by commodity

- HOGS: bullish ▲

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-lean-hog-futures-bulls-remain-in-firm-technical-control

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