# Pork demand being challenged by record large production

> Lean hog futures fell sharply in the week ending Sept. 23, with the October contract hitting contract lows and losing nearly $10 during September. Pork bellies and hams dropped, with Mexico reportedly pulling back from the U.S. market during NAFTA talks, and the pork cutout fell to near last year's levels.

- Date: 2017-09-25 · published 2017-09-25T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/69095-pork-demand-being-challenged-by-record-large-production
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Weaker pork demand from Mexico and lower cutout values reduce the margin for packers and push hog prices lower as record production continues. Lower hog prices can reduce hog producers' feed buying.

## Read by commodity

- SBM: neutral
- CORN: neutral
- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2021-07-14 | [U.S. positioned for slowdown in China's pork demand](https://feedsoft.ai/events/46077-u-s-positioned-for-slowdown-in-china-s-pork-demand.md) | -3.5% | -1.3% |
| HOGS | 2017-05-25 | [Expanding Chinese pig production is no black swan](https://feedsoft.ai/events/71006-expanding-chinese-pig-production-is-no-black-swan.md) | +1.0% | +10.2% |
| HOGS | 2017-07-12 | [China/Hong Kong’s pork imports declining from ’16 record highs](https://feedsoft.ai/events/69945-china-hong-kong-s-pork-imports-declining-from-16-record-highs.md) | -6.4% | -7.8% |
| HOGS | 2021-05-31 | [Pork Prices Set To Plunge As Chinese Demand Evaporates](https://feedsoft.ai/events/47250-pork-prices-set-to-plunge-as-chinese-demand-evaporates.md) | +2.1% | -6.1% |
| HOGS | 2022-01-22 | [Hayes: China pork demand eases \| Department of Economics](https://feedsoft.ai/events/43292-hayes-china-pork-demand-eases-department-of-economics.md) | +2.6% | +22.5% |
| CORN | 2021-05-28 | [Corn consolidates after surge on export demand - Markets - Business Recorder](https://feedsoft.ai/events/47116-corn-consolidates-after-surge-on-export-demand-markets-business-recorder.md) | -0.6% | -0.3% |
| CORN | 2025-07-30 | [Soy, corn barge bids pressured by Chinese demand uncertainty, hefty fall harvest potential — TradingView News](https://feedsoft.ai/events/23784-soy-corn-barge-bids-pressured-by-chinese-demand-uncertainty-hefty-fall-harvest.md) | -1.3% | -0.2% |
| CORN | 2022-08-04 | [Border Demand Steps in to Keep Valley Corn and Milo Prices Steady to Improved](https://feedsoft.ai/events/40088-border-demand-steps-in-to-keep-valley-corn-and-milo-prices-steady-to-improved.md) | +2.7% | +3.9% |

## Sources

- nationalhogfarmer.com: https://www.nationalhogfarmer.com/market-news/pork-demand-being-challenged-by-record-large-production

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