# Hog, Cattle Futures Bounce; Pork Belly Stocks Rise | Fox Business

> USDA's monthly cold storage report showed frozen pork stocks at 597.3 million lbs on Oct. 31, down 3% from a month earlier and above analysts' forecasts. Frozen pork belly stocks rose sharply, and lean hog futures for December rose 3.5% to a two-week high.

- Date: 2017-11-22 · published 2017-11-22T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/68126-hog-cattle-futures-bounce-pork-belly-stocks-rise-fox-business
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Lower-than-expected pork inventories and slower packer kills support hog prices, though analysts worry that reduced slaughter could worsen the hog oversupply.

## Read by commodity

- HOGS: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2017-06-30 | [Hog Futures Extend Rally After Inventory Report \| Fox Business](https://feedsoft.ai/events/70644-hog-futures-extend-rally-after-inventory-report-fox-business.md) | +1.5% | -6.0% |
| HOGS | 2021-09-27 | [Lean Hog and Pork Cutout Futures Surge After Hogs and Pigs Report - Pork Business](https://feedsoft.ai/events/45203-lean-hog-and-pork-cutout-futures-surge-after-hogs-and-pigs-report-pork-business.md) | +4.1% | -12.1% |
| HOGS | 2021-07-13 | [U.S. livestock: Hog futures rise as pork production estimates cut - AgCanada](https://feedsoft.ai/events/46233-u-s-livestock-hog-futures-rise-as-pork-production-estimates-cut-agcanada.md) | -2.4% | -1.8% |
| HOGS | 2020-08-26 | [CME update: US hog futures rise as pork supplies contract
						 \| The Pig Site](https://feedsoft.ai/events/51760-cme-update-us-hog-futures-rise-as-pork-supplies-contract-the-pig-site.md) | -0.9% | +22.7% |
| HOGS | 2020-12-24 | [Hogs and Pigs Report: Wild Revisions and a Few Surprises - Pork Business](https://feedsoft.ai/events/49796-hogs-and-pigs-report-wild-revisions-and-a-few-surprises-pork-business.md) | +1.0% | +4.2% |
| LCATTLE | 2017-08-28 | [Cattle Futures Climb on Slower Placements \| Fox Business](https://feedsoft.ai/events/69587-cattle-futures-climb-on-slower-placements-fox-business.md) | -1.7% | +0.8% |
| LCATTLE | 2026-10-11 | [Cattle futures rally on bullish WASDE corn surprise](https://feedsoft.ai/events/17198-cattle-futures-rally-on-bullish-wasde-corn-surprise.md) | +0.6% | — |
| LCATTLE | 2026-10-27 | [Cattle futures rally on bullish Cattle on Feed report](https://feedsoft.ai/events/571-cattle-futures-rally-on-bullish-cattle-on-feed-report.md) | -3.0% | — |

## Sources

- foxbusiness.com: https://www.foxbusiness.com/features/hog-cattle-futures-bounce-pork-belly-stocks-rise

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