# Can U.S. sustain good hog prices?

> USDA's quarterly Hogs & Pigs report was due Thursday, with pre-report estimates pointing to a 0.8% rise in the breeding herd and 2.8% more hogs for market. Record new packing plants in Michigan and Iowa are adding about 22,200 hogs per day, and a record daily kill of 460,000 was reached Sept. 25.

- Date: 2017-09-26 · published 2017-09-26T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/69091-can-u-s-sustain-good-hog-prices
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Record production expected in Q3 and Q4 raises the risk of lower hog prices, though new slaughter capacity and strong pork demand could support prices. Lower hog prices can push producers to cut feed purchases, weighing on corn and soymeal demand.

## Read by commodity

- CORN: neutral
- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2026-10-27 | [Why such low hog prices?](https://feedsoft.ai/events/595-why-such-low-hog-prices.md) | -5.8% | — |
| HOGS | 2020-11-11 | [CME update: lean hog futures weaken as corn prices surge
						 \| The Pig Site](https://feedsoft.ai/events/50300-cme-update-lean-hog-futures-weaken-as-corn-prices-surge-the-pig-site.md) | -0.6% | -3.0% |
| HOGS | 2018-06-22 | [Why hog prices will be pressured in the second half: USDA](https://feedsoft.ai/events/64666-why-hog-prices-will-be-pressured-in-the-second-half-usda.md) | -0.2% | -12.9% |
| HOGS | 2020-04-06 | [Record pig herd and stymied demand hits hog prices](https://feedsoft.ai/events/53801-record-pig-herd-and-stymied-demand-hits-hog-prices.md) | -4.4% | +26.7% |
| HOGS | 2021-08-02 | [Rabobank: China’s hog prices to affect global markets \| Feed Strategy](https://feedsoft.ai/events/45566-rabobank-china-s-hog-prices-to-affect-global-markets-feed-strategy.md) | +0.8% | -10.9% |
| CORN | 2020-05-13 | [How WASDE wobbled grain prices](https://feedsoft.ai/events/12707-how-wasde-wobbled-grain-prices.md) | -0.3% | +1.5% |
| CORN | 2026-07-01 | [What’s Up with Cattle Prices in Recent Weeks?](https://feedsoft.ai/events/18944-what-s-up-with-cattle-prices-in-recent-weeks.md) | +3.0% | +5.1% |
| CORN | 2021-12-15 | [Higher grain prices expected in 2022 \| Capital Press](https://feedsoft.ai/events/43671-higher-grain-prices-expected-in-2022-capital-press.md) | -3.5% | +1.2% |

## Sources

- nationalhogfarmer.com: https://www.nationalhogfarmer.com/hog-prices/can-u-s-sustain-good-hog-prices-

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