# Markets rising
						 | The Pig Site

> The 40-pound cash feeder pig price reached $57.32, its highest since April 2023, with pig prices far above year-ago levels. Sow liquidation continues and Quebec is paying producers to exit the industry.

- Date: 2024-02-08 · published 2024-02-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/31804-markets-rising-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Rising feeder pig values and strong finisher margins point to restocking demand and higher hog prices, supporting feed grain demand.

## Read by commodity

- HOGS: bullish ▲

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2024/02/markets-rising

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