# Livestock analyst bullish on pork demand - Brownfield Ag News

> Archer Financial analyst Dennis Smith said new hog slaughter plants in Iowa and Michigan will prevent backlogs during peak fall production. Daily slaughter set records at 460,000 head, while pork inventories are falling as exports and domestic consumption absorb supply. Smith flagged Mexico's pullback during NAFTA renegotiation as a risk.

- Date: 2017-09-26 · published 2017-09-26T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/69096-livestock-analyst-bullish-on-pork-demand-brownfield-ag-news
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Expanded packing capacity and firm domestic and export demand support hog prices despite record output. Uncertainty over NAFTA and Mexican pork purchases is a downside risk for pork prices and feed demand.

## Read by commodity

- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-07-24 | [Hog markets remain focused on demand - Brownfield Ag News](https://feedsoft.ai/events/58248-hog-markets-remain-focused-on-demand-brownfield-ag-news.md) | +0.8% | -13.3% |
| HOGS | 2020-01-23 | [Big wins on trade could mean big things for cattle and hog prices - Brownfield Ag News](https://feedsoft.ai/events/55229-big-wins-on-trade-could-mean-big-things-for-cattle-and-hog-prices-brownfield-ag.md) | -1.9% | -3.3% |
| HOGS | 2018-08-27 | [Hog, cattle futures sharply higher on news of trade deal - Brownfield Ag News](https://feedsoft.ai/events/63477-hog-cattle-futures-sharply-higher-on-news-of-trade-deal-brownfield-ag-news.md) | -3.6% | +17.2% |
| HOGS | 2020-07-21 | [US red meat exports adding value to corn and soybeans - Brownfield Ag News](https://feedsoft.ai/events/52196-us-red-meat-exports-adding-value-to-corn-and-soybeans-brownfield-ag-news.md) | +4.8% | +6.3% |
| HOGS | 2021-04-08 | [Rising pork demand drives US hog prices to highest since 2014 \| Air Freight News](https://feedsoft.ai/events/47754-rising-pork-demand-drives-us-hog-prices-to-highest-since-2014-air-freight-news.md) | +1.5% | +7.3% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/livestock-analyst-bullish-pork-demand/

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