# CME update: lean hog futures fall back as slaughter pace slows
						 | The Pig Site

> US lean hog futures slipped to their lowest since 7 October on 11 November as daily slaughter fell 6 percent week over week to 459,000 head. Traders questioned whether the slower pace would back up production and pressure prices, while possible pork exports to China provided support.

- Date: 2020-11-12 · published 2020-11-12T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/50296-cme-update-lean-hog-futures-fall-back-as-slaughter-pace-slows-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Slower slaughter tightens near-term supply, which could support prices if backlogs build, but weaker domestic pork demand offsets the effect and keeps hog futures under pressure.

## Read by commodity

- HOGS: neutral

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2020/11/cme-update-lean-hog-futures-fall-back-as-slaughter-pace-slows

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