# Pig outlook: lean hog futures prices at second-highest level on record
						 | The Pig Site

> Lean hog futures traded near the second-highest level in the contract's 50-year history, supported by strong cash prices that averaged $110.01 per cwt mid-June. Wholesale pork prices were moving toward all-time highs, up about 25% since April. Slaughter disruptions at JBS and the Memorial Day holiday slowed marketings.

- Date: 2021-06-12 · published 2021-06-12T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/46733-pig-outlook-lean-hog-futures-prices-at-second-highest-level-on-record-the-pig
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Tight near-term hog marketings support hog prices, while expected seasonal increases in summer supplies may cap further upside, leaving limited direct effect on feed demand.

## Read by commodity

- HOGS: bullish ▲

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-lean-hog-futures-prices-at-second-highest-level-on-record

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