# U.S. livestock: Hogs hit one-year high as pork prices extend gains - Grainews

> Lean hog futures hit a one-year high on June 21 as USDA showed wholesale pork prices up $2.24 to $101.09 per cwt, the highest since October 2014. Pork bellies also surged to their highest since April 2014.

- Date: 2017-06-21 · published 2017-06-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/70645-u-s-livestock-hogs-hit-one-year-high-as-pork-prices-extend-gains-grainews
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Strong pork cutout values and demand support hog prices and encourage producers to keep herds, supporting feed grain demand.

## Read by commodity

- HOGS: bullish ▲

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-livestock-hogs-hit-one-year-high-as-pork-prices-extend-gains/

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