# Pig outlook: lean hog futures bulls still have power
						 | The Pig Site

> Lean hog futures hit new contract highs this week as the bull market continued. US pork stocks at the end of April were about 26% below year-ago levels, and corn had fallen about 15% from its recent high.

- Date: 2021-05-28 · published 2021-05-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/47248-pig-outlook-lean-hog-futures-bulls-still-have-power-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Tight pork supplies and strong grilling demand support hog prices, while cheaper corn and soymeal improve the feed outlook for producers.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼
- HOGS: bullish ▲

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-lean-hog-futures-bulls-still-have-power

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