# Pig outlook: Lean hog futures bears are in technical control
						 | The Pig Site

> February lean hog futures hit a four-week low before a price rebound, with analysts seeing bears holding a slight technical edge. China's state planner called a meeting of hog experts to stabilize prices after excessive declines, and China's November pork imports rose 12.5% from October but were 11.1% below a year earlier.

- Date: 2022-12-23 · published 2022-12-23T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/7011-pig-outlook-lean-hog-futures-bears-are-in-technical-control-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

China's pledge to support hog prices and steady import levels could aid demand for pork and feed, while the U.S. hog market remains range-bound in the near term.

## Read by commodity

- SBM: neutral
- CORN: neutral
- HOGS: neutral

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-lean-hog-futures-bears-are-in-technical-control

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