# Why Market Prices for Lean Hogs Have Been Dropping Over the Past Several Weeks | Hoosier Ag Today

> Lean hog prices have fallen more than 17 percent over six weeks, from nearly $90/cwt in late February to about $74.52 on April 3. Analysts attribute the drop to heavy pork supply in cold storage, rising hog weights, and weak Chinese demand for U.S. pork despite African Swine Fever in China.

- Date: 2023-04-04 · published 2023-04-04T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/36548-why-market-prices-for-lean-hogs-have-been-dropping-over-the-past-several-weeks
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Excess pork inventory and heavier weights increase near-term supply, pressuring hog futures and signaling softer pork demand for feed-using producers.

## Read by commodity

- HOGS: bearish ▼

## Sources

- hoosieragtoday.com: https://www.hoosieragtoday.com/2023/04/03/prices-lean-hogs-dropping/

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