Pig outlook: futures market in solid price uptrend as traders expect increasing demand in coming months

US pork exports are up year on year and China seeks to stabilise domestic pork prices.
calendar icon 8 January 2021
clock icon 5 minute read
Graph showing the trade of US April lean hog futures
Prices trending higher from November low. Bullish head-and-shoulders bottom reversal pattern has formed. Path of least resistance sideways-higher.

© Jim Wyckoff

Man holding two packages of pork ribs in front of a grocery aisle
Underlying demand in the hog markets remains strong despite COVID-19 restrictions
plant-based burger patty
Analysts have identified plant-based meats as a growth area in Chinese markets
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