# Pork Commentary: US Hog Market Getting Stronger
						 | The Pig Site

> April lean hog futures closed at 70.75 cents per pound on Friday, up from 56 cents in October. Strong pork demand, led by high bellies values, has packers and producers profitable, and an analyst expects further gains as new packing capacity in the Midwest increases competition for hogs.

- Date: 2017-02-22 · published 2017-02-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/72642-pork-commentary-us-hog-market-getting-stronger-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Improved producer returns support herd expansion and hog feed demand, while new packing capacity points to firmer hog prices ahead.

## Read by commodity

- HOGS: bullish ▲

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2017/02/pork-commentary-us-hog-market-getting-stronger-1

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