# Short term bearish; long term bullish

> A column argues lean hog futures are in a downtrend despite the long-term bullish effects of African swine fever, with record hog production weighing on prices. Pork packer margins reached near $100 per pig as cutout prices rose on ham strength, while independent producers lose money.

- Date: 2019-11-25 · published 2019-11-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/56224-short-term-bearish-long-term-bullish
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Record hog numbers and packer margins point to continued pressure on hog prices in the near term, while ASF-driven global shortages support longer-term pork demand.

## Read by commodity

- HOGS: bearish ▼

## Sources

- nationalhogfarmer.com: https://www.nationalhogfarmer.com/market-news/short-term-bearish-long-term-bullish

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