# Genesus Global Market Report: US Market
						 | The Pig Site

> December 2017 lean hogs rebounded from lows near $56.50 to just under $65.00, and the author suggests selling hogs for November and December delivery. Packers are increasingly basing payments on carcass cutout values. The author notes large corn supplies and expects soybean meal futures to retest $300 this harvest.

- Date: 2017-10-25 · published 2017-10-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/68629-genesus-global-market-report-us-market-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Heavy corn supplies point to softer corn prices, while firming soybean meal futures reflect support for protein feed costs, shaping feed purchasing strategy.

## Read by commodity

- SBM: bullish ▲
- CORN: bearish ▼
- HOGS: bullish ▲

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2017/10/genesus-global-market-report-us-market-1

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