# Pig outlook: Lean hog bulls work to stop the bleeding
						 | The Pig Site

> Lean hog futures fell to their lowest levels of the year, and a technical analyst says the decline is overdone and a bottom is near. The pork cutout firmed $1.76 to $100.77 as packers raised bids. Weekly US pork export sales were reported at 34,300 MT, mainly to Mexico.

- Date: 2022-09-29 · published 2022-09-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/39743-pig-outlook-lean-hog-bulls-work-to-stop-the-bleeding-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Price commentary on oversold conditions and firmer cutout values suggests possible stabilization, but the outlook depends on whether retail demand holds up.

## Read by commodity

- HOGS: neutral

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-lean-hog-bulls-work-to-stop-the-bleeding

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