# Tumbling Belly Prices Pressure Hog Futures | Fox Business

> Lean hog futures fell sharply on August 16 after pork belly prices dropped 15.54 cents to $1.8059 per pound. The October hog contract fell 2.5% to its lowest close in over three months, and live cattle also fell on weaker cash prices.

- Date: 2017-08-16 · published 2017-08-16T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/69598-tumbling-belly-prices-pressure-hog-futures-fox-business
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

A sharp drop in pork bellies signals weaker pork demand and rising supplies, which pressures hog prices and reduces hog producers' appetite for feed.

## Read by commodity

- HOGS: bearish ▼
- LCATTLE: bearish ▼

## Sources

- foxbusiness.com: https://www.foxbusiness.com/features/tumbling-belly-prices-pressure-hog-futures

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