# Pork packer margins rebound in November

> USDA's Livestock, Dairy and Poultry Outlook reported that pork packer margins rebounded in November after sharp October declines. Gross packer margin averaged almost $25 per cwt, over 21% above October, as the pork carcass value rose about 9% and offset a 6% increase in hog prices.

- Date: 2017-12-20 · published 2017-12-20T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/67632-pork-packer-margins-rebound-in-november
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Stronger wholesale pork values and lower-than-expected slaughter support hog prices, and packers' ability to pay more for hogs points to firm live hog demand.

## Read by commodity

- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2026-06-25 | [June Hogs and Pigs Report: Steady Inventory and Razor Thin Margins - Pork Business](https://feedsoft.ai/events/18960-june-hogs-and-pigs-report-steady-inventory-and-razor-thin-margins-pork-business.md) | -0.2% | +7.3% |
| HOGS | 2022-11-18 | [CIH Hog Margin Watch: November - Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info](https://feedsoft.ai/events/38834-cih-hog-margin-watch-november-swineweb-com-complete-swine-news-markets.md) | -1.9% | -2.6% |
| HOGS | 2024-03-19 | [Increased pork demand raises hog prices](https://feedsoft.ai/events/31347-increased-pork-demand-raises-hog-prices.md) | -0.6% | +8.4% |
| HOGS | 2025-09-25 | [September 2025 Hogs and Pigs Report: Here's What You Need to Know - Pork Business](https://feedsoft.ai/events/23030-september-2025-hogs-and-pigs-report-here-s-what-you-need-to-know-pork-business.md) | -0.8% | -13.5% |
| HOGS | 2022-12-21 | [Processor margins pressured by high hog prices](https://feedsoft.ai/events/38368-processor-margins-pressured-by-high-hog-prices.md) | +3.8% | -8.2% |

## Sources

- meatingplace.com: https://meatingplace.com/pork-packer-margins-rebound-in-november/

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