# Column: Hog prices fall to new lows | Business | journalgazette.net

> August lean hog futures dropped below 48 cents per pound on June 26 after USDA's Quarterly Hogs and Pigs report showed herds 5% larger than a year earlier, above expectations. Heavyweight hog numbers rose most sharply, and the column notes gold near $1,800 an ounce.

- Date: 2020-06-26 · published 2020-06-26T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/52774-column-hog-prices-fall-to-new-lows-business-journalgazette-net
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

A surplus of slaughter-ready hogs, combined with processing bottlenecks, points to continued weakness in hog prices and feed demand from the sector.

## Read by commodity

- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2018-07-08 | [Record hog and pig inventory forcing prices lower - High Plains Journal](https://feedsoft.ai/events/64198-record-hog-and-pig-inventory-forcing-prices-lower-high-plains-journal.md) | -1.8% | -22.3% |
| HOGS | 2021-06-30 | [Economists Forecast Hog Prices Following June USDA Quarterly Report - Pork Business](https://feedsoft.ai/events/46730-economists-forecast-hog-prices-following-june-usda-quarterly-report-pork.md) | +0.4% | -0.5% |
| HOGS | 2026-10-27 | [Why such low hog prices?](https://feedsoft.ai/events/595-why-such-low-hog-prices.md) | -5.8% | — |
| HOGS | 2018-08-07 | [Plenty of meat available as prices decline \| 2018-08-07  \| Food Business News](https://feedsoft.ai/events/63476-plenty-of-meat-available-as-prices-decline-2018-08-07-food-business-news.md) | -5.2% | -17.3% |
| HOGS | 2017-07-19 | [Higher US Hog Numbers Expected to Result in Lower Market Prices
						 \| The Pig Site](https://feedsoft.ai/events/4731-higher-us-hog-numbers-expected-to-result-in-lower-market-prices-the-pig-site.md) | -0.8% | -10.2% |

## Sources

- journalgazette.net: https://www.journalgazette.net/business/column-hog-prices-fall-to-new-lows/article_c96ee408-2841-5026-bfc9-fbf6c5eabf3a.html

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