# Seasonal Factors Help Push Wholesale Prices Higher in July. Fall Supply Outlook Remains Bearish, Keeping Futures Markets on Edge - Pork Checkoff

> Wholesale pork prices rose in July on seasonal demand, with a very tight spot market driven by big Mexico orders and lower slaughter. Bellies trended higher and bacon prices fell sharply at month end, while producer hog carcass weights remain heavy.

- Date: 2024-07-29 · published 2024-07-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/29425-seasonal-factors-help-push-wholesale-prices-higher-in-july-fall-supply-outlook
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md)

## Why it matters

Heavy carcass weights and expected fall supply increases point to softer hog prices later, which lowers the cost of pork-derived feed ingredients such as MBM over time.

## Read by commodity

- MBM: neutral
- HOGS: bullish ▲

## Sources

- porkcheckoff.org: https://www.porkcheckoff.org/news/seasonal-factors-help-push-wholesale-prices-higher-in-july-fall-supply-outlook-remains-bearish-keeping-futures-markets-on-edge/

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