# Hog farmers face prolonged pain as pandemic gives way to glut - Grainews

> North American hog farmers face prolonged financial pain as a US pig glut keeps prices low and pressures producers to downsize. Canadian piglet prices fell to $2.50 to $20 per head in the week ended 22 August, far below roughly $40 production cost, and the Canadian Pork Council has requested government aid.

- Date: 2020-08-28 · published 2020-08-28T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/51762-hog-farmers-face-prolonged-pain-as-pandemic-gives-way-to-glut-grainews
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Oversupply and sub-cost prices point to reduced hog herd size ahead, which would eventually lower feed demand from the hog sector. Near-term pressure on producers limits feed buying.

## Read by commodity

- HOGS: bearish ▼

## Sources

- grainews.ca: https://www.grainews.ca/daily/hog-farmers-face-prolonged-pain-as-pandemic-gives-way-to-glut/

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