# CME: Lean Hog Prices Up Faster Than Usual
						 | The Pig Site

> Lean hog prices rose faster than normal in late January and February on a short-term squeeze in spot pork bellies. Belly prices have since fallen sharply, about 25% below their February peak, and packer margins have narrowed.

- Date: 2017-03-07 · published 2017-03-07T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/72144-cme-lean-hog-prices-up-faster-than-usual-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

The pullback in bellies and packer margins suggests the hog rally is losing momentum, which points to softer hog prices unless retail belly promotions firm up for spring.

## Read by commodity

- HOGS: neutral

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2017/03/cme-lean-hog-prices-up-faster-than-usual-1

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