# CME update: hog futures sag as slaughter rebounds

> Lean hog futures hit a six-week low on June 3 as the slaughter pace recovered to 429,000 head, the highest since mid-April. The pork cutout was down from about $90 per cwt the previous week.

- Date: 2020-07-01 · published 2020-07-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/52773-cme-update-hog-futures-sag-as-slaughter-rebounds
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Faster slaughter adds pork supply and pressures wholesale prices and packer margins, which tends to lower hog prices.

## Read by commodity

- HOGS: bearish ▼

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2020/06/cme-update-hog-futures-sag-as-slaughter-rebounds

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