# Hog Futures Extend Rally After Inventory Report | Fox Business

> Lean hog futures rose on June 30, with July hitting a 2.5-year high of 90.625 cents per pound after a USDA report showed the June 1 hog inventory at 71.7 million head, up 3% and the largest on record for the date. Strong pork demand ahead of July 4 supported prices, and analysts said the report was largely expected.

- Date: 2017-06-30 · published 2017-06-30T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/70644-hog-futures-extend-rally-after-inventory-report-fox-business
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Record hog inventories add future supply, but robust pork demand and expanding exports are keeping prices firm, so hog feed demand stays solid.

## Read by commodity

- CORN: neutral
- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2021-09-27 | [Lean Hog and Pork Cutout Futures Surge After Hogs and Pigs Report - Pork Business](https://feedsoft.ai/events/45203-lean-hog-and-pork-cutout-futures-surge-after-hogs-and-pigs-report-pork-business.md) | +4.1% | -12.1% |
| HOGS | 2026-06-25 | [June Hogs and Pigs Report: Steady Inventory and Razor Thin Margins - Pork Business](https://feedsoft.ai/events/18960-june-hogs-and-pigs-report-steady-inventory-and-razor-thin-margins-pork-business.md) | -0.2% | +7.3% |
| HOGS | 2017-11-22 | [Hog, Cattle Futures Bounce; Pork Belly Stocks Rise \| Fox Business](https://feedsoft.ai/events/68126-hog-cattle-futures-bounce-pork-belly-stocks-rise-fox-business.md) | +2.8% | +5.0% |
| HOGS | 2025-10-01 | [Hogs and Pigs report appears 'friendly' for futures](https://feedsoft.ai/events/23033-hogs-and-pigs-report-appears-friendly-for-futures.md) | -2.4% | -14.8% |
| HOGS | 2020-12-24 | [Hogs and Pigs Report: Wild Revisions and a Few Surprises - Pork Business](https://feedsoft.ai/events/49796-hogs-and-pigs-report-wild-revisions-and-a-few-surprises-pork-business.md) | +1.0% | +4.2% |
| CORN | 2019-02-08 | [Futures mixed after USDA reports](https://feedsoft.ai/events/60560-futures-mixed-after-usda-reports.md) | +0.8% | -2.1% |
| CORN | 2024-07-15 | [Farm Futures afternoon market report](https://feedsoft.ai/events/9367-farm-futures-afternoon-market-report.md) | -1.5% | -2.1% |
| CORN | 2021-06-30 | [Economists Forecast Hog Prices Following June USDA Quarterly Report - Pork Business](https://feedsoft.ai/events/46730-economists-forecast-hog-prices-following-june-usda-quarterly-report-pork.md) | -0.4% | -10.6% |

## Sources

- foxbusiness.com: https://www.foxbusiness.com/features/hog-futures-extend-rally-after-inventory-report

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