Core Insights - February lean hog futures are currently presenting a selling opportunity due to ongoing price weakness, with prices recently hitting a seven-month low, indicating a strong near-term technical advantage for bearish traders [1][2]. Market Trends - Cash hog prices in the U.S. have been steadily declining over the past few weeks, contributing to a bearish outlook for the market [2]. - U.S. pork exports have lagged, particularly from major importer China, further impacting the market dynamics [2]. Technical Analysis - A critical support level for February lean hog futures is identified at $77.00; a breach below this level would signal a selling opportunity, with a downside price objective set at $70.00 or lower [2]. - Technical resistance is noted at $80.175, where protective buy stops should be placed [2].