# Pig Outlook: Lean hog bulls stumble and need to show fresh power soon
						 | The Pig Site

> Lean hog futures dropped sharply late in the week of July 30, threatening a near-term uptrend after a limit-lower close for the October contract. USDA confirmed African swine fever in pig samples from the Dominican Republic, and US authorities increased inspections of flights from that country.

- Date: 2021-07-30 · published 2021-07-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/46227-pig-outlook-lean-hog-bulls-stumble-and-need-to-show-fresh-power-soon-the-pig
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Hog futures were pressured by a technical selloff despite seasonally tight supplies and firm wholesale pork prices. The ASF detection in a Caribbean market has little direct effect on US pork supply, so the price impact is limited.

## Read by commodity

- HOGS: bearish ▼

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-lean-hog-bulls-stumble-and-need-to-show-fresh-power-soon

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