# CME update: lean hog futures rise on export hopes
						 | The Pig Site

> US lean hog futures rose 1.7% on September 25 despite a USDA report showing the breeding herd near year-earlier levels. Traders focused on strong export sales, particularly to China, amid African swine fever losses in Asia. October lean hogs ended at 71.75 cents per pound.

- Date: 2020-09-28 · published 2020-09-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/51246-cme-update-lean-hog-futures-rise-on-export-hopes-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Strong export demand for US pork supports hog prices into the fourth-quarter seasonal peak in supply.

## Read by commodity

- HOGS: bullish ▲

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2020/09/cme-update-lean-hog-futures-rise-on-export-hopes

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