# Live Hog Price Rally Credited to Increased US Slaughter Capacity
						 | The Pig Site

> A rally in live hog prices is attributed to increased US slaughter capacity from new plants ramping up over the past six weeks, adding about 10 to 12 thousand hogs slaughtered daily. The USDA Quarterly Hogs and Pigs report showed market hog inventory up 3% from a year earlier. Packers are competing for hogs during weekdays.

- Date: 2017-10-18 · published 2017-10-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/68628-live-hog-price-rally-credited-to-increased-us-slaughter-capacity-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Expanded packing capacity and near-record hog production support hog prices while keeping supply ample, a combination that influences demand for hog feed.

## Read by commodity

- HOGS: bullish ▲

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2017/10/live-hog-price-rally-credited-to-increased-us-slaughter-capacity-1

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