# Processors’ Pinched: Paying Up For Live Hogs, Wholesale Prices Decline - Pork Business

> USDA's Economic Research Service outlook shows October federally inspected hog slaughter at an estimated 10.9 million head, down 1.5% year over year. Live equivalent 51-52% lean hog prices averaged $67.78/cwt, up 7.9%, while the wholesale carcass cutout averaged $101.15/cwt, down about 1.4%.

- Date: 2022-12-13 · published 2022-12-13T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/38369-processors-pinched-paying-up-for-live-hogs-wholesale-prices-decline-pork
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Processors face higher hog costs and softer pork values, so spreads narrow and packers may cut slaughter, keeping support under live hog prices.

## Read by commodity

- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2021-12-24 | [Positive Hogs and Pigs Report Wraps Up Profitable Year for Producers - Pork Business](https://feedsoft.ai/events/43762-positive-hogs-and-pigs-report-wraps-up-profitable-year-for-producers-pork.md) | -0.8% | +5.0% |
| HOGS | 2021-05-12 | [6 Issues Driving Global Hog Prices - Pork Business](https://feedsoft.ai/events/47253-6-issues-driving-global-hog-prices-pork-business.md) | -0.5% | +7.6% |
| HOGS | 2022-08-19 | [Lower Slaughter Numbers Drive Pork Prices Higher - Pork Business](https://feedsoft.ai/events/40186-lower-slaughter-numbers-drive-pork-prices-higher-pork-business.md) | -3.4% | -5.9% |
| HOGS | 2020-12-24 | [Hogs and Pigs Report: Wild Revisions and a Few Surprises - Pork Business](https://feedsoft.ai/events/49796-hogs-and-pigs-report-wild-revisions-and-a-few-surprises-pork-business.md) | +1.0% | +4.2% |
| HOGS | 2021-09-27 | [Lean Hog and Pork Cutout Futures Surge After Hogs and Pigs Report - Pork Business](https://feedsoft.ai/events/45203-lean-hog-and-pork-cutout-futures-surge-after-hogs-and-pigs-report-pork-business.md) | +4.1% | -12.1% |

## Sources

- porkbusiness.com: https://www.porkbusiness.com/news/industry/processors-pinched-paying-live-hogs-wholesale-prices-decline

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