# Hog Futures Sink as Supply Overhang Lingers    - WSJ

> Lean hog futures fell more than 7% on Friday after the USDA quarterly Hogs and Pigs report showed U.S. swine production rebounding from the Covid-19 disruptions faster than expected. Most-active futures were near their lowest level since April.

- Date: 2020-06-30 · published 2020-06-30T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/52767-hog-futures-sink-as-supply-overhang-lingers-wsj
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Supplies remain heavy even with packing plants recovering, so the report points to continued downward pressure on hog prices for feed buyers.

## Read by commodity

- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2020-06-29 | [CME update: hog futures dive on economic concerns and larger-than-anticipated supply
						 \| The Pig Site](https://feedsoft.ai/events/52768-cme-update-hog-futures-dive-on-economic-concerns-and-larger-than-anticipated.md) | -0.0% | +13.0% |
| HOGS | 2020-11-11 | [CME update: lean hog futures weaken as corn prices surge
						 \| The Pig Site](https://feedsoft.ai/events/50300-cme-update-lean-hog-futures-weaken-as-corn-prices-surge-the-pig-site.md) | -0.6% | -3.0% |
| HOGS | 2018-06-28 | [U.S. livestock: Hog futures higher on spreading - Grainews](https://feedsoft.ai/events/64667-u-s-livestock-hog-futures-higher-on-spreading-grainews.md) | +1.0% | -15.1% |
| HOGS | 2020-11-13 | [Pig outlook: Lean hog futures starting to trend down
						 \| The Pig Site](https://feedsoft.ai/events/50298-pig-outlook-lean-hog-futures-starting-to-trend-down-the-pig-site.md) | -2.9% | -3.8% |
| HOGS | 2025-06-30 | [Lean Hog Futures Warn of a Market Top, But Can Burgers and BLTs Save the Day?](https://feedsoft.ai/events/24355-lean-hog-futures-warn-of-a-market-top-but-can-burgers-and-blts-save-the-day.md) | -4.5% | -3.1% |

## Sources

- wsj.com: https://www.wsj.com/articles/hog-futures-sink-as-supply-overhang-lingers-11593528851

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