# Jim Long Pork Commentary: US Hog Prices slide lower
						 | The Pig Site

> US 53-54% lean hog prices fell from 74.25c/lb to 71.63c/lb over the prior week as pork cutouts declined from the 82-83c range to 77-79c. The commentary expects cutouts to rise as hog supply seasonally declines, and notes that packer margins at record levels are over due to expanded packing capacity.

- Date: 2018-02-22 · published 2018-02-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/66645-jim-long-pork-commentary-us-hog-prices-slide-lower-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Lower cutouts pulled hog prices down, but seasonal supply declines should eventually lift both cutouts and hog prices. Packer capacity limits the upside for packer margins, which keeps feed demand from hog producers steady.

## Read by commodity

- HOGS: bearish ▼

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2018/02/jim-long-pork-commentary-us-hog-prices-slide-lower-1

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