# Pig outlook: Lean hog futures market showing resilience as prices still trending up
						 | The Pig Site

> December lean hog futures have held an uptrend despite recent volatility, with traders awaiting the USDA quarterly Hogs and Pigs report. National average cash hog bids rose $1.00 on Wednesday. US pork export sales for 2020 were 37,800 metric tons in the latest week, down 25% from the prior week.

- Date: 2020-09-25 · published 2020-09-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/51248-pig-outlook-lean-hog-futures-market-showing-resilience-as-prices-still-trending
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Rising cash hog bids and steady export demand support near-term hog prices, while the upcoming herd data will shape the outlook for the next two quarters.

## Read by commodity

- SBM: neutral
- HOGS: bullish ▲

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-lean-hog-futures-market-showing-resilience-as-prices-still-trending-up

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