# Hogs Hold Steady after New LoC Highs

> February lean hogs closed down 67 cents after setting contract highs earlier in the week, while April hogs gained slightly. The USDA national base hog price was $76 flat and the CME Lean Hog Index was $78.60. Pork cutout futures were mixed.

- Date: 2022-12-28 · published 2022-12-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7013-hogs-hold-steady-after-new-loc-highs
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Mixed hog futures and a softer cutout signal limited near-term upside for lean hog prices despite strong contract levels.

## Read by commodity

- HOGS: neutral

## Sources

- barchart.com: https://www.barchart.com/story/news/12865674/hogs-hold-steady-after-new-loc-highs

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