Pig outlook: lean hog futures bulls power prices to 8-month high

Jim Wyckoff gives his analysis of the global hog market.
calendar icon 9 October 2020
clock icon 5 minute read
Graph showing the trajectory of US lean hog futures
Bulls show fresh power amid price uptrend to suggest still-higher prices in near term

© Jim Wyckoff

Loaded cargo ship sailing past city
The US is increasing its pork exports to China and regional trading partners like Canada and Mexico
Bacon slices on a conveyer belt with factory workers in the background
Recent coronavirus cases present an additional challenge for Germany's pork sector after outbreaks of African swine fever
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