# More hogs, higher prices reflect strong demand

> An analysis of record US hog supplies and higher prices attributes the price strength to strong domestic and international pork demand. It notes that USDA's March Hogs and Pigs report showed a record quarterly inventory of 70.98 million head, up 4.2% year over year.

- Date: 2017-01-01 · published 2017-01-01T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/73124-more-hogs-higher-prices-reflect-strong-demand
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Record supplies usually pressure prices, but strong demand is keeping hog prices firm, supporting hog-related feed use.

## Read by commodity

- HOGS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2018-01-01 | [Hog Prices Supported by Strong Demand](https://feedsoft.ai/events/67140-hog-prices-supported-by-strong-demand.md) | +3.2% | +7.4% |
| HOGS | 2017-01-01 | [More Pork in 2017 With Higher Hog Prices?](https://feedsoft.ai/events/73129-more-pork-in-2017-with-higher-hog-prices.md) | -0.9% | +7.3% |
| HOGS | 2020-12-11 | [Chinese demand feeds feed price increases](https://feedsoft.ai/events/49769-chinese-demand-feeds-feed-price-increases.md) | +0.1% | +2.5% |
| HOGS | 2025-01-01 | [Digging into the December 2024 Hogs and Pigs Report](https://feedsoft.ai/events/27097-digging-into-the-december-2024-hogs-and-pigs-report.md) | -2.9% | +1.1% |
| HOGS | 2024-11-18 | [China’s pork production declines amid weak demand and herd reduction](https://feedsoft.ai/events/27393-china-s-pork-production-declines-amid-weak-demand-and-herd-reduction.md) | +0.2% | +0.3% |

## Sources

- dr.lib.iastate.edu: https://dr.lib.iastate.edu/server/api/core/bitstreams/9a45c0e9-7be8-4ff8-b01f-b9d300d94738/content

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