# Hog slaughter in line with expectations

> Hog slaughter has run close to the level implied by USDA's September Hogs and Pigs inventory, down about 1.4% over seven weeks. Packer slaughter capacity appears more than sufficient, and farm-to-wholesale pork spreads averaged lower than last year. US pork exports were down 14.8% in the first eight months of 2022, mostly due to lower shipments to China.

- Date: 2022-10-24 · published 2022-10-24T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/39274-hog-slaughter-in-line-with-expectations
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Slaughter tracking inventory data points to steady supplies, while weaker export demand and ample packer capacity limit upside for hog prices.

## Read by commodity

- HOGS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2017-01-01 | [More Pork in 2017 With Higher Hog Prices?](https://feedsoft.ai/events/73129-more-pork-in-2017-with-higher-hog-prices.md) | -0.9% | +7.3% |
| HOGS | 2021-01-18 | [China’s pork output recovers in 2020, beating expectations
						 \| The Pig Site](https://feedsoft.ai/events/49143-china-s-pork-output-recovers-in-2020-beating-expectations-the-pig-site.md) | +1.8% | +10.0% |
| HOGS | 2023-03-07 | [China pork production expected to rise slightly in 2023 - GAIN report
						 \| The Pig Site](https://feedsoft.ai/events/36848-china-pork-production-expected-to-rise-slightly-in-2023-gain-report-the-pig-site.md) | +2.3% | -7.8% |
| HOGS | 2026-01-16 | [eFeedLink - China hog market: Sow inventory stays high, lower piglet output projection in Q1 2026](https://feedsoft.ai/events/21049-efeedlink-china-hog-market-sow-inventory-stays-high-lower-piglet-output.md) | +1.6% | +2.5% |
| HOGS | 2017-01-03 | [China Sow Inventory Statistics Explained](https://feedsoft.ai/events/72996-china-sow-inventory-statistics-explained.md) | -0.9% | +7.3% |

## Sources

- nationalhogfarmer.com: https://www.nationalhogfarmer.com/market-news/hog-slaughter-in-line-with-expectations

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