# Hog, Pork Prices Losing Ground - Mid-West Farm Report

> Wisconsin is accepting applications for meat processor grants of up to $50,000, with applications due January 14, 2022. The update also notes the Cattle on Feed report showed October 1 feedlot inventory at 11.6 million head, 1% below last year, and September placements 3% lower.

- Date: 2021-10-30 · published 2021-10-30T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/44725-hog-pork-prices-losing-ground-mid-west-farm-report
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Smaller cattle on feed numbers point to tighter feedlot supplies and modestly reduced feed grain demand from the cattle sector.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2023-10-23 | [Ensuring High Cattle Prices Longer - Oklahoma Farm Report](https://feedsoft.ai/events/33789-ensuring-high-cattle-prices-longer-oklahoma-farm-report.md) | +0.4% | -3.5% |
| LCATTLE | 2022-12-27 | [Cattle & Hog Numbers Still On The Decline - Mid-West Farm Report](https://feedsoft.ai/events/7015-cattle-and-hog-numbers-still-on-the-decline-mid-west-farm-report.md) | -0.2% | -0.1% |
| LCATTLE | 2024-10-28 | [Futures firm, cash prices higher as USDA reports offer no fireworks](https://feedsoft.ai/events/8082-futures-firm-cash-prices-higher-as-usda-reports-offer-no-fireworks.md) | -0.4% | -1.5% |
| LCATTLE | 2017-11-01 | [Futures surge following report shock \| Western Livestock Journal](https://feedsoft.ai/events/5328-futures-surge-following-report-shock-western-livestock-journal.md) | +4.5% | +0.8% |
| LCATTLE | 2021-10-26 | [New Cattle Feedlot Report Points to Shrinking Beef Cattle Herd - AG INFORMATION NETWORK OF THE WEST](https://feedsoft.ai/events/44700-new-cattle-feedlot-report-points-to-shrinking-beef-cattle-herd-ag-information.md) | +2.3% | +7.3% |
| FCATTLE | 2023-10-23 | [Ensuring High Cattle Prices Longer - Oklahoma Farm Report](https://feedsoft.ai/events/33789-ensuring-high-cattle-prices-longer-oklahoma-farm-report.md) | -2.0% | -5.5% |
| FCATTLE | 2022-12-27 | [Cattle & Hog Numbers Still On The Decline - Mid-West Farm Report](https://feedsoft.ai/events/7015-cattle-and-hog-numbers-still-on-the-decline-mid-west-farm-report.md) | -0.7% | -2.5% |
| FCATTLE | 2024-10-28 | [Futures firm, cash prices higher as USDA reports offer no fireworks](https://feedsoft.ai/events/8082-futures-firm-cash-prices-higher-as-usda-reports-offer-no-fireworks.md) | -1.1% | +1.9% |

## Sources

- midwestfarmreport.com: https://www.midwestfarmreport.com/2021/10/30/hog-pork-prices-losing-ground/

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