# Hog Markets Continues to Struggle | Red River Farm Network

> Steiner Consulting economist Altin Kalo says the pork belly market is burdened by excess supply after food service companies placed large volumes into cold storage following last summer's bacon price spike. Seasonal demand is not expected until late spring or early summer.

- Date: 2023-03-24 · published 2023-03-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/37012-hog-markets-continues-to-struggle-red-river-farm-network
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Excess cold-storage pork stocks weigh on hog prices and reduce near-term demand for hog feed until seasonal demand returns.

## Read by commodity

- HOGS: bearish ▼

## Sources

- rrfn.com: https://www.rrfn.com/2023/03/24/pork-prices-work-to-find-support/

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