# Pork Prices Drop, Offer Feature Opportunities for Post Labor Day Needs - Pork Checkoff

> Steiner and Company's Profit Maximizer report says pork prices collapsed faster than expected in August, driven by seasonal supply increases, slower export sales and inventory depletion. Pork belly inventories at the end of July were 53% above last year, and pork trim prices fell sharply the prior week. Slaughter is expected to reach about 2.5 million head by mid-September.

- Date: 2022-08-29 · published 2022-08-29T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/40189-pork-prices-drop-offer-feature-opportunities-for-post-labor-day-needs-pork
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Heavier supply and large belly stocks point to continued weakness in pork values, and ham sales to Mexico may provide only limited support into the fall.

## Read by commodity

- HOGS: bearish ▼

## Sources

- porkcheckoff.org: https://porkcheckoff.org/news/pork-prices-drop-offer-feature-opportunities-for-post-labor-day-needs/

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