# Hog prices dip below last year

> Hog slaughter since September has run 1% below what the September Hogs and Pigs report implied, and Iowa-Minnesota carcass prices have fallen below year-ago levels after peaking in June at $134.41/cwt. Current prices are about 41% of that peak. Lighter carcass weights than a year earlier also weigh on the picture.

- Date: 2021-11-29 · published 2021-11-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/44186-hog-prices-dip-below-last-year
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Hog supplies appear tighter than expected while prices keep declining, which points to bearish pressure on lean hog prices and weaker feed demand for hog rations as producers sell into a softening market.

## Read by commodity

- HOGS: bearish ▼

## Sources

- nationalhogfarmer.com: https://www.nationalhogfarmer.com/hog-prices/hog-prices-dip-below-last-year

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