# Pig outlook: lean hog bulls working on price uptrend
						 | The Pig Site

> Lean hog futures have risen from June lows and technical momentum favors the bulls, with August futures trading in a $102.10 to $110.00 range. African swine fever was detected in farm pigs in Germany, and Chinese officials expect hog prices to keep rebounding in stages.

- Date: 2021-07-23 · published 2021-07-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/46073-pig-outlook-lean-hog-bulls-working-on-price-uptrend-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

Rising hog prices and firm packer margins support feed demand, while ASF in Germany adds disease risk to global pork supply. Stronger hog prices tend to support soybean meal and corn demand over the coming months.

## Read by commodity

- SBM: neutral
- CORN: neutral
- HOGS: bullish ▲

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-lean-hog-bulls-working-on-price-uptrend

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