# U.S. livestock: December hogs limit-down on pork prices, macroeconomic fears - Grainews

> December lean hog futures fell the daily limit of 3.75 cents after the wholesale pork cutout dropped $1.91 to $99.22 per cwt and fell further to $98.75 on Thursday. Livestock, grain and equity markets all declined as the U.S. dollar hit a six-month high after the Federal Reserve signaled restrictive policy would persist.

- Date: 2023-09-22 · published 2023-09-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/34264-u-s-livestock-december-hogs-limit-down-on-pork-prices-macroeconomic-fears
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Weaker pork values and profit-taking pressure hog prices, while a stronger dollar and restrictive rates weigh on export prospects across grain and livestock.

## Read by commodity

- DXY: bullish ▲
- HOGS: bearish ▼

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-livestock-december-hogs-limit-down-on-pork-prices-macroeconomic-fears/

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