# Pig outlook: Lean hog futures prices in a free-fall
						 | The Pig Site

> Lean hog futures have lost over $13 per hundredweight in October, with the CME lean hog index at $81.67, the lowest since late February. Wholesale pork cut-out values are sliding, though early strong pork movement may signal a price bottom.

- Date: 2021-10-29 · published 2021-10-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/44723-pig-outlook-lean-hog-futures-prices-in-a-free-fall-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Continued hog price weakness reduces producer feed demand and pressures soybean meal and corn outlooks, with traders expecting further downside in December hogs.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼
- HOGS: bearish ▼

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-lean-hog-futures-prices-in-a-free-fall

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