# CME lean hogs gain on tight supplies, good demand | Financial Post

> CME April lean hogs settled 1.700 cents higher at 100.075 cents per pound, near the day's high, as tight hog supplies and strong demand fueled gains for the fifth time in six sessions. Reduced slaughter after a Midwest winter storm and packing staffing problems from COVID infections supported pork prices.

- Date: 2022-02-04 · published 2022-02-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/42835-cme-lean-hogs-gain-on-tight-supplies-good-demand-financial-post
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Tight hog numbers and solid domestic and export demand point to firm lean hog prices into summer, which raises feed buyers' cost of hog-related demand for feed grains and meal.

## Read by commodity

- HOGS: bullish ▲

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/cme-lean-hogs-gain-on-tight-supplies-good-demand

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