# Hog prices turn the corner to head higher

> Lean hog prices have rebounded from a national average carcass price near $45.13/cwt on April 5 to nearly $50 late in the week. Futures for May, June and July were trading well above the April contract, which expired at $53.825.

- Date: 2018-04-16 · published 2018-04-16T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/65661-hog-prices-turn-the-corner-to-head-higher
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

A seasonal rally in hog prices supports producer demand for feed, and the futures curve signals further gains into early summer.

## Read by commodity

- HOGS: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| HOGS | 2018-04-19 | 5 | +18.3% | 4.4 | Cash carcass prices rebounded from about $45 to nearly $50 with deferred futures at a large premium to the expiring April contract, directly describing the rally in the 5-day window. |
| HOGS | 2018-04-15 | 1 | +12.5% | 12.6 | Reports the late-week rebound in cash and futures prices from the April 5 low, with deferred contracts well above the expiring April contract, which is consistent with a sharp one-day futures jump. |

## Sources

- nationalhogfarmer.com: https://www.nationalhogfarmer.com/hog-prices/hog-prices-turn-the-corner-to-head-higher

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