# Lean hog futures decline as cash values soften
						 | The Pig Site

> US lean hog futures fell on Monday as cash values softened and packers cut kills. The daily hog slaughter fell to 452,000 head, the smallest since November 12. February hogs settled at 65.550 cents per pound, retreating from a contract high set the previous week.

- Date: 2018-11-27 · published 2018-11-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/62200-lean-hog-futures-decline-as-cash-values-soften-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Softer cash hog prices and lower packer demand weigh on near-term hog futures. Heavy supplies point to continued pressure on hog prices for feed buyers.

## Read by commodity

- HOGS: bearish ▼

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2018/11/lean-hog-futures-decline-as-cash-values-soften-1

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