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    Pig outlook: Lean hog futures trending up

    China's pig supply expected to fall in 2022, according to latest USDA analysis.
    calendar icon 3 September 2021
    clock icon 7 minute read
    By: Jim Wyckoff
    North America
    Asia
    Chart showing the trading trajectory of US October lean hog futures
    BUlls gain near-term technical advantage as prices now trending higher, suggesting more of the same in the near term

    © Jim Wyckoff

    Outdoor food market
    Food prices are rising rapidly year-on-year in latest FAO snapshot
    Frozen pork sides hanging in a freezer
    US pork sales for 2021 have posted dramatic gains from last week
    Pigs crowding near a fence
    The USDA believes that price controls in China will undermine its hog and pork production

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    Jim Wyckoff

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