# CME update: lean hog futures edge higher as market fundamentals improve
						 | The Pig Site

> US lean hog futures rose on 27 August after technical factors buoyed prices. October lean hogs closed up 0.175 cents at 55.725 cents per pound, as USDA data showed China buying 11,216 tonnes of US pork, its largest purchase in a month.

- Date: 2020-08-28 · published 2020-08-28T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/51759-cme-update-lean-hog-futures-edge-higher-as-market-fundamentals-improve-the-pig
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Chinese pork purchases support export demand and hog prices. The modest gain reflects steady but not strong market momentum.

## Read by commodity

- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2020-12-01 | [CME update: lean hog futures get a boost on strong pork demand
						 \| The Pig Site](https://feedsoft.ai/events/49795-cme-update-lean-hog-futures-get-a-boost-on-strong-pork-demand-the-pig-site.md) | -2.9% | -3.6% |
| HOGS | 2020-03-06 | [CME update: lean hog futures strengthen due to expected sales to China
						 \| The Pig Site](https://feedsoft.ai/events/54297-cme-update-lean-hog-futures-strengthen-due-to-expected-sales-to-china-the-pig.md) | -3.3% | -15.6% |
| HOGS | 2025-06-19 | [Pig outlook: Lean hog futures bulls remain in control
						 \| The Pig Site](https://feedsoft.ai/events/24362-pig-outlook-lean-hog-futures-bulls-remain-in-control-the-pig-site.md) | +2.1% | -2.8% |
| HOGS | 2021-02-12 | [Pig outlook: Lean hog futures continue solid bull run
						 \| The Pig Site](https://feedsoft.ai/events/4614-pig-outlook-lean-hog-futures-continue-solid-bull-run-the-pig-site.md) | +10.4% | +20.5% |
| HOGS | 2022-05-19 | [Pig outlook: Lean hog futures post solid price recovery, China pork imports drop
						 \| The Pig Site](https://feedsoft.ai/events/41553-pig-outlook-lean-hog-futures-post-solid-price-recovery-china-pork-imports-drop.md) | +3.1% | +5.5% |

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2020/08/cme-update-lean-hog-futures-edge-higher-as-market-fundamentals-improve

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