# Where is the competition for hogs?

> Cash hog prices have been flat to lower for 22 consecutive days and are at nine-year lows for the season. Lean hog futures have dropped about 12 dollars since mid-February, while pork cutout has held steady near 75 dollars.

- Date: 2017-04-24 · published 2017-04-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/71657-where-is-the-competition-for-hogs
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Packers are capturing wider margins as cash hog bids fall, which pressures producer prices until new packing capacity arrives. Fund liquidation on falling open interest has added to futures weakness.

## Read by commodity

- HOGS: bearish ▼

## Sources

- nationalhogfarmer.com: https://www.nationalhogfarmer.com/market-news/where-is-the-competition-for-hogs-

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