# CME lean hogs firm on strong pork demand | Financial Post

> CME lean hog futures gained on July 20 on short covering and firm wholesale pork prices. The CME lean hog index rose to $112.26 per cwt, its highest since June 28, as lower hog kills and weights tightened spot supply. Live cattle futures followed wholesale beef lower.

- Date: 2021-07-20 · published 2021-07-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/46229-cme-lean-hogs-firm-on-strong-pork-demand-financial-post
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Reduced slaughter and lighter weights are cutting spot hog supply, which supports hog prices into the fall. Weaker beef cutout values pressure live cattle.

## Read by commodity

- HOGS: bullish ▲
- LCATTLE: bearish ▼

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/cme-lean-hogs-firm-on-strong-pork-demand

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