# Hog Futures End Week With Rally | Fox Business

> Lean hog futures rallied Friday, with December rising 2.9% to 59.95 cents/lb, after USDA reported total hog inventories at a record 73.5 million head as of Sept. 1, up 2% year over year. Heavier hogs for slaughter rose 4%, and weekly pork export sales hit a marketing-year high of 36,700 metric tons.

- Date: 2017-09-29 · published 2017-09-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/69092-hog-futures-end-week-with-rally-fox-business
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

A record herd points to ample pork supply, but strong export sales and fund buying support prices in the near term. The rally was attributed mainly to technical factors rather than a change in fundamentals.

## Read by commodity

- HOGS: bullish ▲
- LCATTLE: neutral

## Sources

- foxbusiness.com: https://www.foxbusiness.com/features/hog-futures-end-week-with-rally

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