Pigs End Day in Split Decision on Friday
Looking at the global lean hogs market, it's evident that prices have seen a steady increase recently. Here's a breakdown of the current trend and recent price changes for the lean hog futures market.
Current Trend
Lean hogs have experienced a significant upsurge in recent times, notably climbing up by 21.65% or 17.60 USD/Lbs since the start of the year[1]. This uptrend can be attributed to an escalating trend in pork prices, resulting in a subsequent boost in futures prices[3].
Recent Price Changes
- June 13, 2025: The lean hog market reached a high of 109.35 USD/Lbs on June 13, 2025, marking a 0.41% increase from the previous day[1].
- June 2, 2025: Most actively traded July lean hog futures significantly rose on June 2, 2025, settling at 104.925 cents per pound after a substantial gain of 1.950 cents[3].
- June 14, 2025: The price of lean hogs escalated to 109.475 USD/Lbs for July futures[5].
- Weekly Changes (ending June 14, 2025): Lean hog futures ended the week mixed, with July contracts inching up $2.375[5].
Market Outlook and Predictions
Short-term Forecast
Analysts anticipate a 1.73% increase in lean hogs prices over the next fortnight[4].
Long-term Forecast
The price of lean hogs is projected to surge by approximately 59.78% over the upcoming year, potentially reaching around 168.549 USD/Lbs[4].
Market Expectations
Projections suggest that lean hog futures may trade around 110.83 USD/Lbs one year from now, according to some industry experts[1].
So whether you're a seasoned trader or a novice investor, this overview offers valuable insights into the current situation and potential future trends of the lean hog market. Keep an eye on these developments to stay ahead in this ever-evolving market.
In light of the current uptrend in lean hogs, investors might consider allocating funds to the futures market for potential returns. Given the anticipation of a 59.78% increase in lean hogs prices over the next year, smart financial planning could yield significant profits in the long term.