# Hog slaughter slowly recovering

> Hog slaughter is recovering slowly but remains well below capacity after COVID-19 outbreaks forced plant closures and slowdowns. Daily slaughter in May was still roughly 52,000 head short of the level needed to clear the backlog of market hogs.

- Date: 2020-05-23 · published 2020-05-23T12:00:00.000Z
- Category: disease · region US · magnitude medium
- Page: https://feedsoft.ai/events/53267-hog-slaughter-slowly-recovering
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

A growing backlog of hogs on farms signals reduced near-term hog marketings and lower hog prices, cutting feed demand from producers.

## Read by commodity

- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2020-05-25 | [CME update: lean hog futures slip as backups persist at slaughter facilities
						 \| The Pig Site](https://feedsoft.ai/events/53266-cme-update-lean-hog-futures-slip-as-backups-persist-at-slaughter-facilities-the.md) | -6.8% | -21.7% |
| HOGS | 2019-01-28 | [Soy Prices Are in a Trough After China’s Sick-Pig Slaughter](https://feedsoft.ai/events/61089-soy-prices-are-in-a-trough-after-china-s-sick-pig-slaughter.md) | -3.1% | -5.7% |
| HOGS | 2019-07-17 | [China hog herd shrinks by 26%](https://feedsoft.ai/events/58090-china-hog-herd-shrinks-by-26.md) | +8.1% | +6.1% |
| HOGS | 2020-10-01 | [China's pig herd rebounds after swine fever, but pork supply will take time to recover \| Financial Post](https://feedsoft.ai/events/50641-china-s-pig-herd-rebounds-after-swine-fever-but-pork-supply-will-take-time-to.md) | +3.4% | -4.9% |
| HOGS | 2020-02-17 | [Uncertainty over coronavirus puts selling pressure on US hog markets
						 \| The Pig Site](https://feedsoft.ai/events/54744-uncertainty-over-coronavirus-puts-selling-pressure-on-us-hog-markets-the-pig.md) | +11.5% | +3.3% |

## Sources

- nationalhogfarmer.com: https://www.nationalhogfarmer.com/market-news/hog-slaughter-slowly-recovering

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