The lean hog futures market has seen a downturn, hitting a three-month low due to bear control, with the CME lean hog index dropping by 48 cents to $75.96. This is part of a seasonal price decline, with an increase in hog supply due to packer operations cutbacks. However, a rebound is expected with the beef prices remaining high. The USDA has reported a decrease in pork net sales and exports, but has invested over $12 million to expand independent meat and poultry processing capacity in Ohio, Michigan, and Minnesota. Meanwhile, the UN FAO global food price index has fallen for the ninth consecutive month, with only cereal grains and meats showing increases from the previous year, while vegetable oils saw a significant decrease.