# Hog slaughter still below pre-COVID levels

> Average carcass prices for producer-sold hogs through late August were $57.43/cwt, down $13.23 year over year, with negotiated barrow and gilt prices averaging $41.77. Hog slaughter is up 2.0% in 2020 but below pre-COVID levels, and futures imply 2021 carcass prices about $13/cwt higher.

- Date: 2020-08-31 · published 2020-08-31T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/51757-hog-slaughter-still-below-pre-covid-levels
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Record hog supplies and COVID-related packing cutbacks keep current hog prices depressed, while futures point to recovery in 2021. Lower hog prices reduce near-term feed demand expectations.

## Read by commodity

- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2026-10-27 | [Why such low hog prices?](https://feedsoft.ai/events/595-why-such-low-hog-prices.md) | -5.8% | — |
| HOGS | 2026-01-20 | [China's Pork Production Jumps 7% in Q4 Amid Slaughter Rush - Pork Business](https://feedsoft.ai/events/21054-china-s-pork-production-jumps-7-in-q4-amid-slaughter-rush-pork-business.md) | +1.2% | +2.0% |
| HOGS | 2025-10-21 | [U.S. Pork Supply Outlook: Hog Slaughter, Weights and Price Trends Heading Into the Holidays - Pork Checkoff](https://feedsoft.ai/events/8804-u-s-pork-supply-outlook-hog-slaughter-weights-and-price-trends-heading-into-the.md) | -1.7% | -6.1% |
| HOGS | 2026-10-26 | [China's breeding sow herd falls 10.7% to 36.02 million, below the 37.5 million normal holding level \| eFeedLink](https://feedsoft.ai/events/17101-china-s-breeding-sow-herd-falls-10-7-to-36-02-million-below-the-37-5-million.md) | -7.2% | — |
| HOGS | 2018-06-22 | [Why hog prices will be pressured in the second half: USDA](https://feedsoft.ai/events/64666-why-hog-prices-will-be-pressured-in-the-second-half-usda.md) | -0.2% | -12.9% |

## Sources

- nationalhogfarmer.com: https://www.nationalhogfarmer.com/market-news/hog-slaughter-still-below-pre-covid-levels?Issue=FP-005_20200901_FP-005_956&Issue=NHF-001_20200831_NHF-001_30&NL=FP-005&NL=NHF-001&cl=article_1&cl=article_2_b&elq2=3a34d69a199e456f95aab6724aba4&sfvc4enews=42

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