# Hog prices keep sliding

> US hog prices have fallen from a June peak, with Iowa-Minnesota carcass base prices now about half the $134.41 peak. The September 51-52% lean live hog price averaged $68.84/cwt, and USDA forecasts a 2022 average near $61.00/cwt after a 2021 average near $69.45.

- Date: 2021-10-25 · published 2021-10-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/44727-hog-prices-keep-sliding
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower hog prices and slaughter-based herd signals suggest reduced hog-sector feed demand into late 2021 and 2022, which weighs on corn and meal demand.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼
- HOGS: bearish ▼

## Sources

- nationalhogfarmer.com: https://www.nationalhogfarmer.com/hog-prices/hog-prices-keep-sliding

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