# Pig outlook: Lean hog futures bulls gain power
						 | The Pig Site

> Lean hog futures surged to a three-month high during the week, with the August contract in a steep uptrend. The CME Lean Hog Index climbed to $116.37, and wholesale pork strength supported both cash and futures. Rising retail pork prices could curb consumer demand in the coming weeks.

- Date: 2022-07-21 · published 2022-07-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/40651-pig-outlook-lean-hog-futures-bulls-gain-power-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Solid cash fundamentals and wholesale strength point to higher hog values in the near term, which supports sow and finishing feed demand. Slowing consumer demand is the main risk to that upside.

## Read by commodity

- HOGS: bullish ▲

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-lean-hog-futures-bulls-gain-power

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