# Pig outlook: Bulls working to fight off price downtrend
						 | The Pig Site

> Lean hog futures trended lower over the prior two weeks before a rebound on January 21, and the February contract traded at a premium to the CME lean hog index. China reported an African swine fever outbreak on a farm with 1,015 pigs in Guangdong province.

- Date: 2021-01-22 · published 2021-01-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/49314-pig-outlook-bulls-working-to-fight-off-price-downtrend-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Expected cuts in Chinese pork imports as China rebuilds its herd could weigh on US export demand. A new ASF outbreak in China could support import demand later in the year, so the net effect on hog prices is mixed.

## Read by commodity

- HOGS: neutral

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-bulls-working-to-fight-off-price-downtrend

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