Marketing pork Coronavirus (COVID-19) Market Trends

Pig outlook: Hogs remain resilient despite glut in supplies

Shifting pork export patterns and strong supplies exert influence on the US pig industry.

11 December 2020

5 minute read

By: Jim Wyckoff

Analytics chart showing the trade of US February lean hog futures — Bulls lose near-term technical advantage as trading turns choppy and sideways, suggesting more of the same in the near future
© Jim Wyckoff

large binders on a desk labelled "import" and "export" — US pork exports have dropped 15 percent from last week, suggesting a shift in market dynamics

farmer shovelling a pile of feed grains — China's efforts to rebuild its pig herd have lent support to other agricultural commodities, like corn and soybeans

Jim Wyckoff

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