# Jim Long Pork Commentary: US Lean Hog Prices have rapid decline
						 | The Pig Site

> A U.S. 53-54% lean hog price fell from 84 cents/lb a month earlier to 67 cents/lb in the week before Sept. 12, a drop of about 17 cents. The commentary expects prices to fall further toward the low 50s as more hogs reach market, while new plants in Coldwater and Sioux City add slaughter capacity.

- Date: 2017-09-11 · published 2017-09-11T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/69094-jim-long-pork-commentary-us-lean-hog-prices-have-rapid-decline-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Rising hog supply and expected further price declines point to weaker feed demand from producers, while cheap U.S. corn supports low feed costs. Packer margins remain strong, which may encourage aggressive hog buying.

## Read by commodity

- CORN: bearish ▼
- HOGS: bearish ▼

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2017/09/jim-long-pork-commentary-us-lean-hog-prices-have-rapid-decline-1

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