# Hog Prices Falling, Weaker Demand to Blame

> Lean hog futures have trended down since last summer, and the pork cutout has fallen from above $100/cwt in 2021-2022. Belly prices, which drive bacon, have fallen sharply, and bacon retail prices were down 8.9% year over year in April.

- Date: 2023-05-22 · published 2023-05-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/36088-hog-prices-falling-weaker-demand-to-blame
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Weaker pork cutout and belly values reduce packer and hog demand, pushing hog futures lower. Supply has been steady, so demand is the main factor behind the price decline.

## Read by commodity

- HOGS: bearish ▼

## Sources

- iowafarmbureau.com: https://www.iowafarmbureau.com/Article/Hog-Prices-Falling-Weaker-Demand-to-Blame

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