# Pig outlook: lean hog futures are trending higher...finally
						 | The Pig Site

> Lean hog futures hit a 3.5-month high this week, with the market seen bottoming and trading sideways-to-higher. USDA export sales showed weekly US pork net sales of 39,400 MT, up 91% week over week, led by China and Mexico.

- Date: 2020-08-28 · published 2020-08-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/51756-pig-outlook-lean-hog-futures-are-trending-higher-finally-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Stronger export demand from China and Mexico supports hog prices, though burdensome US pork supplies are expected to cap the rally. Feed buyers should note firm soybean meal and corn outlooks tied to hog demand.

## Read by commodity

- SBM: neutral
- CORN: neutral
- HOGS: bullish ▲

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-lean-hog-futures-are-trending-higher-finally

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