# CIH Hog Margin Watch: August - Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info

> Hog margins deteriorated in the first half of August as hog prices fell while feed markets held steady. Weekly slaughter was 2.372 million head, slightly above 2023, and producer-owned hog weights were up 2% year over year. Pork exports to Mexico rose 4% year to date through June, while exports to Japan, Canada and China declined.

- Date: 2024-08-19 · published 2024-08-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/28944-cih-hog-margin-watch-august-swineweb-com-complete-swine-news-markets-commentary
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Heavier hogs and steady slaughter add to pork supply, pressuring prices even as cheaper feed helps margins. Weaker demand from Japan, Canada and China is a headwind for hog prices.

## Read by commodity

- CORN: neutral
- HOGS: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| HOGS | 2024-08-16 | 5 | -9.6% | -3.2 | Hog margin commentary reports hog prices falling in the first half of August with slaughter above last year and heavier weights, indicating ample supply pressure on futures. |

## Sources

- swineweb.com: https://swineweb.com/cih-hog-margin-watch-august-2/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.