# CME update: US hog futures rise as pork supplies contract
						 | The Pig Site

> CME lean hog futures rose to their highest level in nearly three months on 25 August, with October lean hogs closing up 1.35 cents at 55.95 cents per pound. USDA data showed pork supplies did not rebound after plant reopenings, with frozen pork stocks in July at their lowest for any July in nine years.

- Date: 2020-08-26 · published 2020-08-26T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/51760-cme-update-us-hog-futures-rise-as-pork-supplies-contract-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Tight pork supplies support hog prices as packers restart after COVID shutdowns. Firmer hog prices support hog-sector feed demand.

## Read by commodity

- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2020-06-24 | [CME update: lean hog futures firm as cold storage supplies drop
						 \| The Pig Site](https://feedsoft.ai/events/52769-cme-update-lean-hog-futures-firm-as-cold-storage-supplies-drop-the-pig-site.md) | -3.2% | +8.3% |
| HOGS | 2025-09-29 | [US hog futures hit records on tighter herd supplies - CME
						 \| The Pig Site](https://feedsoft.ai/events/23028-us-hog-futures-hit-records-on-tighter-herd-supplies-cme-the-pig-site.md) | -2.4% | -15.1% |
| HOGS | 2026-06-29 | [Hog futures mixed as smaller-than-expected herd spurs buying - CME
						 \| The Pig Site](https://feedsoft.ai/events/18955-hog-futures-mixed-as-smaller-than-expected-herd-spurs-buying-cme-the-pig-site.md) | +0.6% | +8.7% |
| HOGS | 2022-12-30 | [Pig outlook: Lean hog futures bulls take technical control
						 \| The Pig Site](https://feedsoft.ai/events/38235-pig-outlook-lean-hog-futures-bulls-take-technical-control-the-pig-site.md) | -6.6% | -11.8% |
| HOGS | 2021-07-13 | [U.S. livestock: Hog futures rise as pork production estimates cut - AgCanada](https://feedsoft.ai/events/46233-u-s-livestock-hog-futures-rise-as-pork-production-estimates-cut-agcanada.md) | -2.4% | -1.8% |

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2020/08/cme-update-us-hog-futures-rise-as-pork-supplies-contract

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