# Pig outlook: Hogs remain resilient despite glut in supplies
						 | The Pig Site

> US slaughter supplies are building seasonally toward the year's highest kill level, and packers are limiting willingness to pay for cash hogs. Analysts note the market's dependence on Chinese pork imports, which have slowed, and expect China's pork buying to ease in 2021.

- Date: 2020-12-11 · published 2020-12-11T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/49646-pig-outlook-hogs-remain-resilient-despite-glut-in-supplies-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Ample market-ready hog supplies and slowing Chinese import demand weigh on lean hog prices. Softer hog demand for feed moderately reduces meal demand outlook.

## Read by commodity

- SBM: neutral
- HOGS: bearish ▼

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-hogs-remain-resilient-despite-glut-in-supplies

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