# Pig outlook: hog futures in third-strongest rally ever…and prices climbing
						 | The Pig Site

> US lean hog futures are rallying and now show the third-strongest rally in the 50-year history of hog futures trading. Wholesale belly prices have more than doubled since late 2020, and packer demand remains aggressive.

- Date: 2021-04-09 · published 2021-04-09T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/47758-pig-outlook-hog-futures-in-third-strongest-rally-ever-and-prices-climbing-the
- 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

Strong packer buying and expected Chinese pork import demand support hog prices into the near term. Feed buyers should expect continued firm hog-side demand for corn and soymeal.

## Read by commodity

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

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-hog-futures-in-third-strongest-rally-ever-and-prices-climbing

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