# Genesus Global Market Report: USA
						 | The Pig Site

> Genesus analyst Allen Bentley reports cash hogs are near $60 live in February, with February hogs up $8 since Christmas. He says packer margins are squeezed, dressed values are narrowing the basis unusually for the season, and summer futures near $83 look cheap relative to cash.

- Date: 2018-02-13 · published 2018-02-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/66657-genesus-global-market-report-usa-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Strong cash hog prices and cheap deferred futures point to firmer hog values into summer, supporting feed demand from producers. Export strength is the key factor to watch, as it could sustain demand for pork.

## Read by commodity

- HOGS: bullish ▲

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2018/02/genesus-global-market-report-usa-1

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