Pig outlook: Lean hog futures hit 8.5-month high, more upside likely

Read the latest updates on the global hog market from Jim Wyckoff.
calendar icon 16 October 2020
clock icon 6 minute read
Graph showing the trading trajectory of December lean hog futures
Bulls show power amid price uptrend to suggest still-higher prices in near term

© Jim Wyckoff

feed grains being sorted on a conveyer belt
Chinese corn futures are skyrocketing after the crop experienced storm damage from typhoons
market graph reports on a desk
Though Chinese meat imports have been strong this year, the market could contract in 2021
herd of white pigs running out of a barn
Global pork production is expected to increase in 2021 as countries rebound from African swine fever outbreaks
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