# U.S. livestock: Lean hog futures rise as corn surge seen squeezing supply - Grainews

> US lean hog futures firmed on January 12 on higher cash hog prices and improving packer margins. Corn futures rose more than 5% after the USDA slashed its 2020 harvest estimate, reaching their highest prices in 6.5 years.

- Date: 2021-01-13 · published 2021-01-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/49315-u-s-livestock-lean-hog-futures-rise-as-corn-surge-seen-squeezing-supply-grainews
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher corn prices raise feed costs and are expected to limit any recovery in hog supplies, supporting deferred hog futures. The USDA crop cut tightens the feed grain supply balance.

## Read by commodity

- CORN: bullish ▲
- HOGS: bullish ▲

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-livestock-lean-hog-futures-rise-as-corn-surge-seen-squeezing-supply/

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