# Annual price peak is behind us

> The article says the annual hog price peak has passed, with July's 51-52% lean liveweight average at $73.92/cwt and August expected near $68. USDA forecasts $74 for Q3 and $63 for Q4, which the author considers too optimistic. Corn is expected to stay below $5/bushel for the rest of the year.

- Date: 2023-08-28 · published 2023-08-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/34723-annual-price-peak-is-behind-us
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Expected seasonal hog price declines and lower corn costs reduce feed-cost pressure and point to weaker hog values through year-end. Lower corn prices support cheaper feed for buyers.

## Read by commodity

- CORN: bearish ▼
- HOGS: bearish ▼

## Sources

- nationalhogfarmer.com: https://www.nationalhogfarmer.com/market-news/annual-price-peak-is-behind-us

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