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The article text did not load, so only the headline is available. The headline says hefty hog inventory numbers could weigh on the hog market.
Larger hog inventories imply more supply ahead, which tends to pressure hog prices and reduce demand for hog-related feed ingredients.
farmweeknow.comFarmWeekNowOct 1, 2023After 159 past bearish report events, Lean Hogs moved a median -0.2% over 5 sessions (47% higher; middle half -2.2% to +1.3%), and +1.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
