# Pork Commentary Jim Long: US lean hogs reach 90¢
						 | The Pig Site

> Industry commentator Jim Long notes US lean hogs reached 90 cents per pound on June 23, with pork cutouts above $1.01 per pound and packer margins good. He expects higher cutouts and hog prices as new packing plants come online and hog supplies stay low.

- Date: 2017-06-26 · published 2017-06-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/70649-pork-commentary-jim-long-us-lean-hogs-reach-90-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Strong packer demand and lower hog supplies point to continued upward hog price pressure and healthy feed demand from producers.

## Read by commodity

- HOGS: bullish ▲

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2017/06/pork-commentary-jim-long-us-lean-hogs-reach-90-1

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