# Pig outlook: Lean hog futures see normal, healthy consolidation this week
						 | The Pig Site

> Lean hog futures were expected to consolidate in a normal, healthy way. The CME Lean Hog Index held a premium to futures, suggesting futures could rise further. USDA was set to release its monthly Cold Storage Report, which often shows a seasonal build in frozen pork stocks.

- Date: 2020-10-23 · published 2020-10-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/50784-pig-outlook-lean-hog-futures-see-normal-healthy-consolidation-this-week-the-pig
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

A cash index premium to futures points to upward pressure on hog futures. The Cold Storage Report could shift sentiment on near-term pork demand.

## Read by commodity

- HOGS: bullish ▲

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-lean-hog-futures-see-normal-healthy-consolidation-this-week

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