# CME: Cash Hog Prices Trading Sideways for Past Week
						 | The Pig Site

> Cash hog prices have traded sideways for about a week after a sharp February rally. The Iowa-Minnesota negotiated base price was $67.54 per hundredweight, and the net index was about $71.95.

- Date: 2017-03-17 · published 2017-03-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/72149-cme-cash-hog-prices-trading-sideways-for-past-week-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Stable cash hog prices near seasonal norms indicate balanced supply and demand, with no clear new price driver.

## Read by commodity

- HOGS: neutral

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2017/03/cme-cash-hog-prices-trading-sideways-for-past-week-1

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