# U.S. lean hog prices continue strong
						 | The Pig Site

> U.S. cash lean hogs in Iowa-southern Minnesota averaged $106.15/cwt, staying strong. Jim Long expects lean hog prices to keep rising as supply declines and sees June futures, which closed at $118.17, moving higher. He points to sharp hog price gains in Germany and the EU, where slaughter numbers have fallen.

- Date: 2022-03-16 · published 2022-03-16T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/42425-u-s-lean-hog-prices-continue-strong-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Declining hog supply in North America and Europe supports hog prices, which can encourage herd rebuilding but currently reduces pork supply. Higher hog prices improve producer ability to absorb feed cost increases.

## Read by commodity

- HOGS: bullish ▲

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2022/03/u-s-lean-hog-prices-continue-strong

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