# LIVESTOCK-CME Lean Hogs Sink to 3-month Low on Weak Pork Prices

> CME February lean hogs fell for the eighth time in nine sessions to a three-month low on January 10, as the pork cutout slid to its lowest level in a year at $81.73 per cwt. Packer margins eroded sharply, with the average estimated at $4.65 per head, down from $15.00 a week earlier.

- Date: 2023-01-10 · published 2023-01-10T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/37917-livestock-cme-lean-hogs-sink-to-3-month-low-on-weak-pork-prices
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Weak pork cutout values and collapsing packer margins signal reduced demand for hogs, pressuring hog prices and the cost outlook for feed buyers.

## Read by commodity

- HOGS: bearish ▼

## Sources

- agriculture.com: https://www.agriculture.com/markets/newswire/livestock-cme-lean-hogs-sink-to-3-month-low-on-weak-pork-prices

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