# Reversal in Hogs Indicates a Bottom in Place, By Dennis Smith - Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info

> A market commentary argues hog futures formed a low, with packer margins highly profitable and pork demand described as solid. It notes record-low frozen bone-in ham stocks and bullish corn views tied to reduced Brazilian second-crop acreage.

- Date: 2023-11-29 · published 2023-11-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/33305-reversal-in-hogs-indicates-a-bottom-in-place-by-dennis-smith-swineweb-com
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Expectations of a hog price bottom and firm pork demand could support hog prices and modestly support corn feed demand if Brazilian safrinha output falls.

## Read by commodity

- CORN: bullish ▲
- HOGS: bullish ▲

## Sources

- swineweb.com: https://swineweb.com/reversal-in-hogs-indicates-a-bottom-in-place-by-dennis-smith/

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