Pig outlook: lean hog futures show resilience

US lean hog futures rebound from their stall earlier this week while China's swine industry moves closer to rebuilding its herd after African swine fever.
calendar icon 21 May 2021
clock icon 6 minute read
Chart showing the trading trajectory of US lean hog futures
Price uptrend still in place and bulls have the solid overall near-term technical advantage

© Jim Wyckoff

Chilled meat counter at the grocery store
US pork sales rebounded from last week, but are still below the previous four-week average
Indoor pig barn with a slatted floor
Henan and Shandong provinces have been hard-hit by African swine fever this year
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