# Lean hog futures overly positive

> Lean hog futures for June through August were trading well above mid-April cash hog prices of about $75 as of April 8. USDA's March Hogs and Pigs report pointed to larger hog supplies continuing into 2020.

- Date: 2019-04-16 · published 2019-04-16T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7156-lean-hog-futures-overly-positive
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

The wide cash-futures basis is expected to narrow as seasonal demand rises, but the trend depends on whether pork export demand keeps pace with supply growth.

## Read by commodity

- HOGS: neutral

## Sources

- farmprogress.com: https://www.farmprogress.com/livestock/lean-hog-futures-overly-positive

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