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    Pig outlook: Lean hog futures starting to trend down

    China rebuilds its pig herd and US meat processors cope with COVID-19 outbreaks.
    calendar icon 13 November 2020
    clock icon 4 minute read
    By: Jim Wyckoff
    North America
    Asia
    Graph showing the weekly trade in December US lean hog futures
    Bulls are fading as price uptrend has been negated and prices now starting to trend lower. Bulls need to defend strong support at $61.25 to avoid serious chart damage.

    © Jim Wyckoff

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    Jim Wyckoff

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