# Hogs Drop Triple Digits on Monday - Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info

> Front-month lean hog futures opened the week of June 27 with losses of $0.65 to $1.90. USDA's National Average Base Hog price fell $5.10 to $115.13, and the pork cutout closed $3.17 lower at $109.03. Analysts expected the upcoming Hogs and Pigs report to show a June 1 inventory about 0.7% lower year over year.

- Date: 2022-06-29 · published 2022-06-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/41102-hogs-drop-triple-digits-on-monday-swineweb-com-complete-swine-news-markets
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Falling hog and pork cutout values reduce the value of live hogs and point to weaker packer demand. Pre-report positioning added to the downward pressure.

## Read by commodity

- HOGS: bearish ▼

## Sources

- swineweb.com: https://swineweb.com/hogs-drop-triple-digits-on-monday/

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