# Column: Swine decline, cattle crash | Business | journalgazette.net

> North American hog prices rose more than 25 percent in recent weeks as cash prices climbed on strong export demand and fewer hogs reaching market. USDA inventories showed pigs of 120 lbs and heavier up year over year. Analysts noted that the COVID-19 pandemic had caused plant shutdowns and slaughter backlogs.

- Date: 2020-10-23 · published 2020-10-23T12:00:00.000Z
- Category: market · region North America · magnitude low
- Page: https://feedsoft.ai/events/50782-column-swine-decline-cattle-crash-business-journalgazette-net
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Tighter hog supplies and strong export demand support pork prices and hog feed demand. Seasonal fall pressure may be offset by lower slaughter numbers.

## Read by commodity

- HOGS: bullish ▲

## Sources

- journalgazette.net: https://www.journalgazette.net/business/column-swine-decline-cattle-crash/article_aa66ef8b-c3de-56be-b786-543bf57ac852.html

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