# Slower pig slaughtering has farmers worried hog rally has peaked

> US pork plants are slowing slaughter rates after a federal judge in Minnesota voided a USDA directive that allowed elevated speeds. Producers could lose about $80 million this year as hogs back up on farms. Lean hog futures have dropped 5% since peaking June 1, with August falling the exchange maximum.

- Date: 2021-06-16 · published 2021-06-16T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/6259-slower-pig-slaughtering-has-farmers-worried-hog-rally-has-peaked
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Slower packer throughput lengthens hog supply on farms and adds to later supply, weighing on deferred lean hog futures. Higher holding costs for producers can change feed purchase pace.

## Read by commodity

- HOGS: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| HOGS | 2021-06-22 | 1 | -2.4% | -3.4 | Slower US slaughter speeds after the court ruling back hogs up on farms, adding near-term supply pressure and fueling fears the rally had peaked. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2024-01-23 | [China to Encourage Hog Farmers to Reduce Capacity After Price Slump - Pork Business](https://feedsoft.ai/events/32125-china-to-encourage-hog-farmers-to-reduce-capacity-after-price-slump-pork.md) | +4.4% | +14.7% |
| HOGS | 2019-11-23 | [China Focus: Pig farmers keen on expanding stock as China drums up pork production - Xinhua \| English.news.cn](https://feedsoft.ai/events/56061-china-focus-pig-farmers-keen-on-expanding-stock-as-china-drums-up-pork.md) | -2.8% | +6.8% |
| HOGS | 2026-06-24 | [China Urges Pig Breeders to Cut Capacity After Prices Fall to 10-Year Low](https://feedsoft.ai/events/18778-china-urges-pig-breeders-to-cut-capacity-after-prices-fall-to-10-year-low.md) | -0.1% | +6.5% |
| HOGS | 2023-01-18 | [UPDATE 2-China official urges farmers to reduce sow herds](https://feedsoft.ai/events/37765-update-2-china-official-urges-farmers-to-reduce-sow-herds.md) | -1.9% | -1.9% |
| HOGS | 2026-04-18 | [China agriculture minister urges pig breeders to reduce capacity as prices fall \| Reuters](https://feedsoft.ai/events/19720-china-agriculture-minister-urges-pig-breeders-to-reduce-capacity-as-prices-fall.md) | +1.4% | +3.3% |

## Sources

- farmprogress.com: https://www.farmprogress.com/business/slower-pig-slaughtering-has-farmers-worried-hog-rally-has-peaked

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